Tag: Tax Relief

Daines in Senate Finance Committee: The Working Families Tax Cuts are Putting More Money in Americans’ Pockets

WASHINGTON, D.C. – U.S. Senator Steve Daines today spoke with CEO of the Internal Revenue Service Frank Bisignano in a Senate Finance Committee hearing about how the Working Families Tax Cuts is providing historic relief for hardworking Americans as well as the importance of Social Security survivor payments.   Watch the full exchange HERE. Daines on how the Working Families Tax Cuts are a win for Americans: Daines: Well, it is Tax Day, and thanks to Republican leadership, President Trump’s leadership, and the work of this Committee in fact, we passed the largest tax cut in history and I’m proud of that. Said another way, we stopped the largest tax increase in American history, and I’m proud

Daines Introduces Bipartisan, Bicameral Bill Making Tax Relief for Small Businesses Permanent

U.S. SENATE – U.S. Senator Steve Daines today introduced bipartisan, bicameral legislation to make the 20 percent pass-through small business tax deduction permanent. His bill, the “Main Street Tax Certainty Act,” will support small businesses, help create jobs and strengthen our economy. Without congressional action the tax deduction will expire at the end of 2025. “Montana small businesses help our communities thrive and prosper–they’re what make our hometowns feel like home,” Daines said. “Making this main street tax relief permanent will provide the certainty needed to help Montana small businesses stay afloat, create more jobs, and expand their operations.” Read the full text HERE. The 2017 Tax Cuts

Daines Fights for Tax Relief for Pregnant Moms

U.S. SENATE – U.S. Senator Steve Daines today reintroduced the Child Tax Credit for Pregnant Moms Act, which allows pregnant moms to claim the Child Tax Credit for their unborn children.  This bill builds on the Child Tax Credit provisions included in the Tax Cuts and Jobs Act by supporting families and pregnant mothers with the many costs that come with carrying a baby, as well as planning for the care of a newborn baby. For more information on the bill, click HERE. “From stocking up on diapers to taking time off work for their child’s prenatal care, expecting parents begin providing for

Daines Pushes for Permanent Tax Relief for Montana Small Businesses

U.S. SENATE — U.S. Senator Steve Daines today introduced legislation to give small businesses permanent tax relief. Daines is pushing to make the small business tax deduction included in the Tax Cuts and Jobs Act of 2017 permanent. Currently, the tax deduction is set to expire at the end of 2025. “I championed the effort to make sure small businesses in Montana are on equal tax footing as corporations. Now, we must make this level playing field permanent to protect and grow Montana jobs,” Daines said. Daines championed the tax deduction for small businesses in the Tax Cuts and Jobs Act. The