Thune Says Tax Cuts for Working Families Are Working
Senate Majority Leader John Thune is celebrating the impact of the "Working Families Tax Cuts Act," reporting that the average American refund has climbed to over $3,400 this year. Thune highlighted that the legislation, signed into law last year, has permanently lowered tax rates and doubled the Child Tax Credit to $2,200, providing critical relief as families navigate the current economy.
According to Thune, the bill has successfully eliminated taxes on tips and overtime pay for millions of workers while introducing a new $6,000 bonus deduction for seniors. While critics point to rising costs in other sectors, Thune maintains that the GOP-led reforms are effectively putting "hard-earned money" back into the pockets of middle-income households across the country.
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