ASA Supports the Working Families Tax Cut Act
ASA supports the Working Families Tax Cut Act. This legislation shields employers and workers from the largest tax increase in U.S. history and strengthens the backbone of our economy.
By making permanent lower rates and the Section 199A small business deduction, the bill allows pass-through businesses—employing 63% of private-sector workers—to compete fairly with larger corporations and invest confidently in growth and jobs.
Restoring 100% bonus depreciation, full research expensing, and easing interest caps encourages modernization, expansion, and job creation. These provisions are a generational win for Main Street, fostering investment, opportunity, and lower costs for families—outcomes voters clearly recognize and value.