Today is tax day. Taxpayers across Iowa are seeing real relief through bigger refunds and higher take-home pay delivered by the historic working families tax cuts bill. Let me be clear. This is real money back in the pockets of hardworking families, small business owners, and farmers. We have heard the numbers today, and they are historic--the largest refund season in our Nation's history, with Iowans seeing an average tax cut of over $3,000. Mr. Speaker, let me tell you the rest of the story. I am hearing from family farmers who now have the certainty that their operation will stay in their family for generations to come because this bill includes my provision to permanently double the death tax exemption. I am hearing from hardworking parents excited to have access to family medical leave, have double child tax credit, and a $1,000 downpayment for children through Trump's tax accounts. I am hearing from manufacturers and agricultural producers who are finally seeing a path forward with affordable access to credit, immediate expensing, and a permanent small-business deduction, giving them the certainty they need to invest, grow, and create new jobs in our communities. I am hearing from waitresses, delivery drivers, tradesmen, and millions of Americans who will finally keep more of what they earned because we delivered no tax on tips, no tax on overtime, and no tax on Social Security. Mr. Speaker, this is what an economic revival looks like.
Randy Feenstra: “Today is tax day. Taxpayers across Iowa are seeing real relief through bigger refunds and higher take-home pay delivered…”
Editor's note · Context
Discussing the impact of the working families tax cuts bill on taxpayers in Iowa.
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