The Impact of The Working Families Tax Cuts Cited in Press Release
In a statement issued today by Ways and Means Committee Chairman Jason Smith (MO-08), the implications of Working Families Tax Cuts (a.k.a. the One Big Beautiful Bill Act) for workers and business owners in America are highlighted. Citing the $90 billion tax cut for hourly workers, the $32 billion in tax relief for tipped workers, and the overall $63 billion in tax relief for seniors, the statement outlines how the congressional initiative is intended to make American families & workers thrive again. The statement includes a link to a detailed account of how various economic segments are affected by the OBBBA/Working Families Tax Cuts. Click here to read the statement in full…