Tax Archives - Senator Steve Daines

Daines on Fox Business: “We’re Stopping the Largest Tax Increase in American History”

June 24, 2025

U.S. SENATE – U.S. Senator Steve Daines today joined Fox Business to discuss the importance of passing the “One Big Beautiful Bill” and stopping the largest tax increase in American history. Watch the full interview HERE. Daines on the stopping the largest tax increase in American history: I’ve yet to meet an American that wants to see their taxes go up. And let’s just keep in mind, this bill stops the largest tax increase in American history. The average working family in America will see a $1,700 per year increase in their taxes if we don’t act in Congress. Not to mention the fact

Daines on Fox News: Republicans Want to Save Medicaid and Prevent the Largest Tax Increase in History

June 17, 2025

U.S. SENATE – U.S. Senator Steve Daines today joined The Will Cain Show to discuss strengthening the Medicaid program and preventing the largest tax increase in history. Watch the full interview HERE. Daines on Medicaid reform: The bottom line is this, Republicans are trying to save Medicaid. We want to strengthen Medicaid, while the Democrats are trying to drain Medicaid. So the reforms that we are proposing, what you just described there in the so-called provider tax, that’s just a scheme that are used by the states to actually get more dollars than the federal government. This is one of the fastest growing entitlements currently

Daines in Senate Finance Committee: CBO Is “Getting It Wrong” on Republicans’ Tax Cut Package

June 12, 2025

U.S. SENATE – U.S. Senator Steve Daines today spoke with Treasury Secretary Scott Bessent in a Senate Finance Committee hearing. The two discussed the importance of passing the tax cut package, the next steps in combatting global trade barriers, and the need to halt the flow of fentanyl precursors from China. Watch the full exchange HERE. Daines opened by calling out the Congressional Budget Office for inaccuracy: Daines: Secretary Bessent, good to have you here today. I can’t help it, as I was listening to my colleagues across the dias here, as you reminded them… you can’t be shoveling trillions of dollars of

Daines on CNN: The President was Very Clear: We Must Prevent the Largest Tax Increase in American History

June 5, 2025

U.S. SENATE – U.S. Senator Steve Daines today joined CNN to discuss how crucial it is to pass the Big Beautiful Bill. Watch the full interview HERE. Daines emphasized the need to prevent the largest tax increase in America’s history: The President was very clear that we simply must prevent the largest tax increase in American history, which is coming if Congress does not act. Number two, I think really the growth issues. What can we do to grow the economy? Because when we grow the economy wages increase, and we’ve also got the issue of Chinese competition. There are provisions in

Daines Urges Trump Administration to Reverse Biden-Era Initiative Unfairly Targeting Main Street Businesses

May 16, 2025

U.S. SENATE – U.S. Senator Steve Daines joined Senators Marsha Blackburn (R-Tenn.), John Barrasso (R-Wyo.) and James Lankford (R-Okla.) in sending a letter to the U.S. Department of the Treasury urging review of a harmful Biden-era Internal Revenue Service (IRS) pass-through compliance unit. This IRS unit was created at the direction of President Biden and would create disproportionate compliance burdens and unfairly target small businesses. “Pass-through entities form the bulk of Main Street businesses across the country. This includes countless family businesses, professional services firms, and real estate ventures that serve as the backbone of our local economies. Taxpayers have the lawful

Daines on Varney & Co: We Need to Make Trump’s Tax Cuts Permanent

March 28, 2025

“One of the number one complaints I hear from businesses is the uncertainty of the tax code. Let’s make it permanent” WASHINGTON, D.C. – U.S. Senator Steve Daines today joined Fox Business’ Varney & Co, where he discussed the need to make President Trump’s tax cuts permanent and prevent a massive tax hike from hitting Americans. Watch the full interview HERE. Daines emphasized that a $4 trillion tax increase is on the line: The reason they need to be made permanent is because tax cuts are a means to an end, and that’s economic growth, that’s wage growth. We’ve got to remove the uncertainty of Washington.

Daines Statement after Meeting with President Trump on Making Tax Cuts Permanent

March 13, 2025

U.S. Senator Steve Daines today released the following statement after his meeting at the White House with President Trump and Republican members of the Senate Finance Committee: “President Trump made a promise to the American people that he would reverse Biden’s destructive economic policies and restore prosperity in our country. One thing is clear: he’s delivering on his promises. We’re united in our efforts to make President Trump’s tax cuts permanent so that the American people never again have to face a multi-trillion-dollar tax hike. I look forward to fighting every step of the way until we cross the finish

Daines Emphasizes Need for Tax Permanency for Hardworking Americans

March 6, 2025

“The key to fiscal sanity is not just making tax cuts permanent but doing so in a fiscally responsible way” U.S. Senator Steve Daines today spoke with President Trump’s nominee for Deputy Secretary of the Treasury Michael Faulkender in the Senate Finance Committee about the importance of establishing permanent tax cuts for hard-working Americans and unleashing the economy. Watch their full exchange HERE. Daines asked Faulkender how permanency in the tax code will benefit American taxpayers: Daines: Mr. Faulkner, good to have you here this morning. Congratulations on your nomination and your willingness to serve our great country. I really appreciate our

Daines Pushes for Tax Permanency, Spending Restraint on Fox Business, Lauds Trump Administration Energy Policies

February 27, 2025

“Our Passion for Spending Reductions Must be Equal to our Passion for Keeping Tax Rates Low” U.S. SENATE – U.S. Senator Steve Daines today joined Fox Business’ Mornings with Maria and emphasized the need for tax permanency. He also praised President Trump’s energy policies, his strong leadership on the world stage and previewed his upcoming State of the Union address. Watch Daines’ interview HERE. Daines discussed why he’s pushing to make President Trump’s tax cuts permanent: I had a great meeting Monday in the Oval Office with President Trump. In fact, Scott Bessent and Howard Lutnick joined by speaker phone and we talked with the

Daines Introduces Bill to Protect Montana Farms, Ranches, Businesses from Immoral Tax

February 18, 2025

Bill Would Permanently Repeal Death Tax U.S. Senator Steve Daines joined Majority Leader John Thune (R-S.D.) and 44 Senate colleagues in reintroducing the “Death Tax Repeal Act.” The bill would permanently repeal the federal estate tax, a punitive tax that threatens Montana farms, ranches and businesses. “When Montanans lose a loved one, the last thing they need to worry about is what will happen to their family farm or ranch,” said Daines. “I’m glad to join this effort to protect Montanans from this unfair and unnecessary tax.” Read the full text of the bill HERE. The bill is supported by more than 190 members of the Family Business Coalition and

Tag: Tax