Take It From Someone Who’s Been There

Entrepreneur Joseph Seprevivo knows first-hand what the tax cuts mean to small business owners:

The tax cuts-related boost for small businesses isn’t just a theory but an economic reality. It enabled my former company to flourish. My business experienced significant cost savings from the tax cuts. With the extra money, we could reward our employees with bonuses.

The same story played out nationwide — creating one of the strongest pre-pandemic economies in half a century. Real wages grew at a record two-decade pace after the law’s implementation in 2018 and 2019. Real median household incomes jumped by more than $5,000, and the unemployment rate reached a five-decade low.

Read more in the D.C. Journal.