Skip to content

Put American Workers First

Delivers on President Trump’s Commitment to American Workers

  • No Tax on Tips:
    • 100% elimination of income taxes on any tipped income for the 4 million tipped workers.
  • No Tax on Overtime:
    • 100% elimination of income taxes on the overtime pay premium for the over 80 million hourly workers.
  • Tax Relief for Seniors:
    • Middle- and low-income seniors will be able to deduct an additional $4,000.
  • No Tax on Auto Loan Interest:
    • The average American family will be able to fully deduct auto loan interest for American-made cars.

Makes Permanent President Trump’s Pro-Worker Tax Cuts from 2017

  • The lower tax rates and brackets established by President Trump.
    • Stops a $1,700 tax increase on working American Families.
  • The doubled guaranteed Standard Deduction.
    • Stops scheduled $15k reduction in this deduction for the average American worker.
    • Further increases the standard deduction by $2,000 for every American family.

Additional Pro-Worker Tax Relief

  • Repealing Democrats’ 1099-K Gig Worker Rule:
    • Stops the Democrats’ attack on the gig economy by repealing the Democrats’ requirement that all Venmo, PayPal, and gig transactions over $600 be reported to IRS.
  • Increases the1099-MISC threshold to $2,000:
    • Reduces paperwork burden for small businesses and workers.
  • Builds on Trump Tax Cuts’ incentives for Paid Leave and Childcare:
    • Strengthens the Paid Family and Medical Leave Credit from the Trump Tax Cuts.
    • Quadruples the maximum Employer-Provided Childcare Credit and adds additional relief for small businesses providing childcare.
  • Cuts Taxes on Job Creators that Manufacture and Hire in the U.S.A.:
    • Incentivizes expansion of new production factories and growing operations in America.
  • Expands 529 Education savings accounts:
    • Includes K-12 materials and expenses for post-secondary credentialing so Americans have the resources and financial flexibility necessary to enter the workforce.

Making Permanent Trump Tax Cuts Stops Tax Hike on American Workers

  • Makes permanent the lower tax rates and brackets, doubled guaranteed Standard Deduction, and Child Tax Credit, preventing a $1,700 tax hike on American workers providing for their family.
  • Increases the Child Tax Credit by $500 to combat Bidenflation.
  • Raises annual real wages by $2,100 to $3,300 per worker.
  • Increases real annual take-home pay for a median-income household with two children by roughly $4,000 to $5,000.
  • Prevents the loss of 6 million jobs, 1.1 million manufacturing jobs specifically
Download