Congress Must Prioritize American Business by Extending Tax Cuts & Reducing Business Regulations
One of President Donald Trump’s top campaign promises was to open the floodgates for businesses to thrive in the U.S. economy once again. The best way to deliver on that promise is to protect existing tax rates, reduce burdensome regulations for businesses, and ensure working-class Americans can prosper.
Our leaders in Washington should prioritize putting American businesses and consumers back at the forefront of the U.S. economic agenda. Congress has a crucial opportunity this year to extend the Tax Cuts and Jobs Act (TCJA), and President Trump has vowed to roll back regulatory roadblocks for businesses to help further reduce prices, grow the economy, and fight inflation.
Larry Kudlow, President Trump’s former director of the National Economic Council, echoed this sentiment last week, saying, “I would’ve preferred a different sequence. I would’ve said get your tax cuts done first and then go for the tariffs. The tax cuts really give people some monetary torque, as I say … In the first term, the tax cuts came first, and then the tariffs came, and I wish that they had to sequence the same this time around.”
Recent insights from President Trump’s political pollster found that a majority of Trump voters and swing voters support extending the TCJA. Extending the tax cuts now is an easy win for American businesses and families fighting rising costs. It…
