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>>181070• No Tax on Social Security: A new deduction made possible by the Working Families Tax Cuts ensures an overwhelming majority of seniors will pay no tax on their Social Security income as a result of deductions exceeding taxable social security income. Over 30 million seniors have claimed this deduction, with an average deduction of over $7,500.
• Simpler Filings: Over 105 million filers have claimed the permanently Doubled Standard Deduction, simplifying tax filing for millions across America.
• Small Business Relief: Nearly 12 million small business owners are seeing an average tax reduction (
https://home.treasury.gov/news/press-releases/sb0427.) of nearly $7,000, while the permanent extension of the 20% Qualified Business Income deduction is delivering $4,600 in average relief to eight million entrepreneurs.
• Investing in the Next Generation: Parents of nearly five million children have claimed Trump Accounts on their returns – tax advantaged savings accounts that give the next generation a jumpstart on saving.
• Enhanced Child Tax Credit: Over 34 million families have claimed the enhanced Child Tax Credit, which is permanently doubled and expanded by the Working Families Tax Cuts.
• Made-in-America Tax Breaks: More than one million Americans have claimed No Tax on Car Loan Interest, with an average deduction of over $1,800. This deduction is helping families afford reliable transportation while boosting U.S. auto jobs.
• Ensuring Tax Dollars Benefit Americans, Not Illegals: The Working Families Tax Cuts Act ensures American taxpayers are no longer funding benefits for illegals.
• Fueling Business Investment: The restoration of immediate deductibility for research and development expenses — applied retroactively — is freeing up $100 billion in prior-year deductions for tens of thousands of businesses, while full expensing allows companies to write off investments immediately, improving cash flow and fueling expansion.
• Supporting Family Farms: By raising the death tax exemption—increasing the amount family farms can inherit without paying taxes—two million family farms are being protected from excessive taxation.
• Incentivizing Adoption: The Working Families Tax Cuts Act significantly boosted tax incentives for families adopting from foster care, making up to $5,000 of the Adoption Tax Credit refundable.
• Improved Housing Affordability: The expanded low-income housing tax credit is incentivizing the construction of affordable homes for American families.
While every Democrat voted to raise your taxes, President Trump cut them. Whether you are a server who depends on tips, a factory worker earning overtime, or a senior on a fixed income, the Working Families Tax Cuts are putting more money back in your pocket where it belongs.
President Trump is rewarding hard work, not punishing it.
###
Distributed on April 15th, 2026.
https://x.com/WHPressPool/status/2044458644301922641
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