Job Creators Network Statement on First Anniversary of Working Families Tax Cut

Alfredo Ortiz, CEO of Job Creators Network, released the following statement on the first anniversary of the Working Families Tax Cut:

“Americans have much to celebrate on the nation’s historic 250th birthday. Near the top of this list is the first anniversary of the Working Families Tax Cut, signed into law on July 4 last year. This law restored 100% immediate expensing, made the 20% small business deduction permanent, and locked in lower tax rates, helping small businesses invest, expand, hire, raise wages, and grow in their communities.

“As a result, small business creation has skyrocketed to record levels, and Main Street is poised to usher the nation into its next economic Golden Age. Meanwhile, families and workers are keeping more of what they earn through provisions such as no tax on tips and overtime. On behalf of all small business owners and ordinary Americans, Job Creators Network commends the Republican Congressional majority and President Trump for this momentous tax relief that will pay dividends for decades to come.”