WASHINGTON, D.C. – The One, Big, Beautiful Bill being marked up in the Ways and Means Committee today will deliver on the promises President Trump and Republicans made to the American people: pro-growth tax policies that benefit American manufacturers, workers, and small businesses. Policies like expanding and making permanent the 199A small business deduction at a rate of 23 percent, renewing 100 percent immediate expensing, research & development incentives, and the deduction for interest expenses with an additional 100 percent expensing for new factory construction and improvements in the U.S. – all will bring more economic growth, job creation, and opportunity to American communities. 

Organizations focused on promoting American workers, manufacturing, and small businesses are speaking out in support of the Ways and Means Committee tax relief legislation.

Business Roundtable

“The committee’s markup represents a pivotal moment in the effort to protect and enhance tax reform, which delivered transformative economic benefits for American businesses, workers and families.” – Kristen Silverberg, President & COO, Business Roundtable 

The Real Estate Roundtable

“Taken as a whole, the tax proposals in the Chairman’s amendment will spur needed investment in our nation’s housing supply, strengthen urban and rural communities, and grow the broader economy to the benefit of all Americans.” – The Real Estate Roundtable

National Association of Manufacturers (NAM)

“For the 96% of manufacturers that are organized as pass-through businesses, this bill is more than policy—it’s a path to growth. It means the ability to buy equipment, hire workers, increase pay and expand operations with greater certainty and confidence. Not only is the Ways and Means Committee preserving the benefits of the Tax Cuts and Jobs Act for these businesses—this bill makes the law even more competitive, including by increasing and making permanent the job-creating pass-through deduction.” – Jay Timmons, President and CEO, NAM

National Federation of Independent Businesses (NFIB)

“Since its inception in 2018, the Small Business Deduction (Section 199a) has empowered 25.9 million small businesses to hire more employees, expand operations, and invest in their local communities…This bill would not only prevent a massive tax hike on small businesses, but it would also provide a tax cut for tens of millions of small business owners.” – Adam Temple, Senior Vice President for Advocacy, NFIB

Job Creators Network (JCN)

“The House Republicans’ tax plan to make the Tax Cuts and Jobs Act permanent and cut taxes on Main Street is a major win for American small businesses. House Republicans listened to Job Creators Network and small businesses and have called for expanding the expiring 20% small business tax deduction that has been a lifeline for Main Street over the past few years.” – Alfredo Ortiz, CEO, JCN

National Retail Foundation (NRF)

“Chairman Smith’s tax package is a decisive step forward in ensuring a stable, pro-growth tax environment that will empower retailers to continue investing in their businesses, employees and communities. By extending key provisions of the Tax Cuts and Jobs Act — including full expensing, immediate research and development expensing, and enhanced interest deductibility — this legislation demonstrates a clear commitment to supporting innovation, job creation and economic expansion.” – David French, Executive Vice President of Government Relations, NRF

Retail Industry Leaders Association (RILA)

“The Tax Cuts and Jobs Act (TCJA) was an economic game changer that fueled a wave of investment in innovation and workforce development…Doubling down on what has already proven to work is the right strategy, and we’re excited to see the House take the first step that will lead to legislation on the President’s desk.” – Courtney Titus Brooks, Vice President, Tax, RILA

RATE Coalition

“The Ways and Means Committee unveiled tax reform legislation that will position the United States for years of economic growth and prosperity. Our member companies have seen firsthand how a competitive tax environment drives investment, stimulates economic expansion, and supports higher wages for American workers.” – Dan Combs, Executive Director, RATE Coalition

Small Business & Entrepreneurship Council (SBE Council)

“The One Big, Beautiful Bill rolled out by Chairman Smith today offers a powerful mix of tax relief and incentives that will supercharge American entrepreneurship, investment, innovation, and opportunity. It will bolster small business competitiveness and growth, and boost economic development in every corner of the country.” – Karen Kerrigan, President & CEO, SBE Council

Independent Women’s Forum

“A supersized Child Tax Credit will ease the financial burdens on families raising children and those hoping to welcome new babies into the world. A more generous tax deduction on business income will give small businesses the certainty to plan for the future and reinvest in their businesses to grow.” – Patrice Onwuka, Director of the Center for Economic Opportunity, Independent Women’s Forum

National Foreign Trade Council (NFTC)

“We believe it is an important step toward providing the long term tax framework that our companies need to succeed. We are glad that the bill creates permanence for TCJA’s international measures and restores several expired provisions, including R&D and the interest limitation deduction.” – Anne Gordon, Vice President for International Tax Policy, NFTC

National Restaurant Association

“This blueprint includes the top tax priorities restaurant operators need to grow and continue to be the cornerstones of this country’s local economies…Tax policies can be make-or-break for small business, but that’s especially true for restaurant operators, who run their businesses on thin 3-5% pre-tax margins.” – Sean Kennedy, Executive Vice President Public Policy, National Restaurant Association

National Association of Insurance and Financial Advisors (NAIFA)

“The permanent extension and maintenance of sound tax policy will provide the certainty needed for effective financial planning, enabling families and small businesses to make informed decisions, invest with confidence and build a secure financial future.” – Kevin Mayeux, CEO, NAIFA 

DoorDash

“Since President Donald Trump introduced the concept last year, ‘No Tax On Tips’ has earned widespread and bipartisan support because it gives tax relief and fairness for millions of hard working Americans. Dashers, the independent contractors who deliver on the DoorDash platform, highly value the independence and flexibility that dashing provides…‘No Tax On Tips’ would allow them to take home even more pay.” – John Horton and Katherine Rodriguez, Head of North America Public Policy and Interim Head of Federal Affairs, DoorDash

International Franchise Association

“Nearly all franchise owners are structured as pass-through businesses, and without this legislation they would face a significant tax increase at the end of the year…By providing greater financial certainty, this enhanced deduction would empower small business owners to grow, support their workforce, and contribute to sustained economic growth and prosperity.” – IFA

Wine & Spirits Wholesalers of America (WSWA)

“This is an encouraging first step that recognizes the critical role of family-owned businesses to the economy. We urge Congress to quickly pass this legislation and to keep family-owned businesses front and center as they continue through the reconciliation process.” – Francis Creighton, President and CEO, WSWA

Professional Beauty Association (PBA)

“This provision—the 45B FICA Tip Tax Credit—is a critical step toward tax fairness for our industry. It directly supports small business owners and the service professionals who are the economic backbone of communities across the country.” – Myra Y. Reddy, PBA

National Association of Wholesaler-Distributors (NAW)

“We are particularly encouraged that the legislation increases and makes the death tax exemption permanent, recognizing the unique challenges family-owned businesses face in planning for generational continuity. Additionally, the legislation ensures strong tax relief for working families by making individual tax cuts permanent and expanding both the standard deduction and child tax credit.” – NAW

American Petroleum Institute (API)

“We applaud the House Ways and Means Committee for their hard work in crafting a tax plan that supports American energy leadership. As this important process continues in Congress, we look forward to working with policymakers on a final, pro-growth tax package that enhances the pro-investment policies, accelerates innovation and advances global competitiveness.” – Mike Sommers, President and CEO, API

National Association of REALTORS

“This draft language preserves or strengthens a raft of provisions vital to housing affordability, including making the current lower income tax brackets permanent.” – Shannon McGahn, Executive Vice President and Chief Advocacy Officer, NAR

Click here to learn more about the One, Big, Beautiful Bill to deliver tax relief, economic growth, and opportunity.