Today marks one year since Pete Ricketts passed the Working Families Tax Cuts to allow hardworking Nebraskans to keep more of what they earned. But Dan Osborn said once again that he would have voted with Democrats against this historic legislation.
“Dan Osborn is a far-left Democrat who was recruited by socialists, so it’s no surprise he’s aligned with the radical left on hiking taxes and taking more of Nebraskans’ hard-earned money away from them,” said NRSC Regional Press Secretary Nick Puglia.
Pete Ricketts’ Working Families Tax Cuts are delivering for Nebraskans:
- Prevented the largest tax hike in history- saving taxpayers from a $5 trillion tax hike.
- Boosts take-home pay for hardworking American families.
- Saved thousands of dollars of tipped income per year for nearly 8 million tipped workers.
- Delivered No Tax on Social Security to more than 35 million seniors.
- Provided more than 29 million taxpayers with significant savings on their overtime hours.
- Expanded Pell Grant access so students pursuing the skilled trades can receive the same financial aid as traditional college students.
- Established Trump Accounts for newborns giving our next generation a direct stake in the American dream.
- Expanded the Child Tax Credit for over 40 million families and made the paid leave tax credit permanent
- Allowed 529 savings plans to be used for trade certifications and even tools — making roughly $500 billion available for trade schools.
- Incentivized Made in America by allowing 100 percent expensing for new factories, factory improvements, equipment, and research and development.
- Ended the war on the gig economy by removing the requirement that Venmo, PayPal, and other gig transactions over $600 be reported to the IRS.
- Protected family farmers by preventing the death tax from hitting 2 million family-owned farms who would otherwise see their exemptions cut in half.
- Permanently secured the southern border by making the largest investment in border security in American history.