News

Thune Highlights Republican Efforts to Deliver Permanent Tax Relief for Working Families

Thune Highlights Republican Efforts to Deliver Permanent Tax Relief for Working Families

Photo: Metro Services


MITCHELL, SD (Mitchell Now) — U.S. Senate Majority Leader John Thune emphasized Republican-led tax relief efforts during floor remarks in Washington, noting that provisions originally passed in 2017 have now been made permanent. The full video of Thune’s comments is available here: [LINK].

Thune said the 2017 tax cuts—lower tax rates, a doubled child tax credit and an expanded standard deduction—were set to expire at the end of the year. He noted that without congressional action, families nationwide faced significant tax increases, including an estimated $2,500 impact to a typical family in South Dakota.

In his remarks, Thune said Republicans worked to extend and make permanent the tax measures through the Working Families Tax Cut, passed in July. The changes include permanent lower tax rates, a permanent increase to the child tax credit and additional expansions indexed to inflation.

Thune also highlighted other provisions such as eliminating taxes on tips and overtime pay, increasing the standard deduction and introducing a bonus deduction for seniors. He said the legislation also makes permanent several business tax provisions, including the 199A small business deduction and full expensing for equipment, research-and-development investments and new factory construction.

“I’m incredibly proud of what we were able to accomplish for hardworking Americans,” Thune said. “We not only averted a massive tax hike on American families, but were able to further lessen Americans’ tax burden.”

Recent Headlines

11 hours ago in Entertainment

Golden Globes enter the world of podcasts and tread carefully, avoiding controversy

The Golden Globes this year introduced a best podcast category and, predictably, the nominees announced Monday will get people talking.

11 hours ago in Entertainment, Music

Coldplay, U2 and Ed Sheeran top Pollstar’s most popular touring artists of the new millennium

Much has been made about the global touring economy in the last few years. Take, for example, that tours grossing over a billion dollars is a new phenomenon in the 2020s — a benchmark first crossed by Taylor Swift in 2023 with her landmark Eras Tour and an accomplishment recently reached by The Weeknd.

11 hours ago in Entertainment

ABC signs Jimmy Kimmel to a one-year contract extension, months after temporary suspension

President Donald Trump won't be getting his wish. ABC said Monday it has signed late-night comic Jimmy Kimmel to a one-year contract extension.

11 hours ago in National

Trump’s former lawyer Alina Habba resigns as top federal prosecutor in New Jersey

President Donald Trump's former personal attorney, Alina Habba, resigned Monday as the top federal prosecutor for New Jersey, leaving the job after an appeals court said she had been serving in the post unlawfully.

11 hours ago in Sports, Trending

Miami Heat guard Terry Rozier pleads not guilty to sports betting charges

Miami Heat player Terry Rozier pleaded not guilty Monday to charges he helped gamblers placing bets on his performance in NBA games.