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Tax relief driving local jobs across the Great Plains

This tax season, small businesses across Iowa, Kansas, Missouri, and Nebraska are realizing tangible benefits directly from the Working Family Tax Cuts–benefits that hit them exactly where it matters most: their bottom line.

Last year, President Donald J. Trump signed into law the largest tax cut in U.S. history, a measure designed to empower the working and middle-class Americans who keep our nation running smoothly. The initial results are clear: taxpayers report an average refund of approximately $3,500, representing an 11% increase compared to last year.

Crucially, few sectors benefit more than America’s 36 million small businesses. These vital enterprises create two out of every three new jobs and generate nearly half of U.S. GDP. This tax relief allows job creators to keep more of what they earn, enabling them to reinvest those savings directly back into their workforce, equipment upgrades, and future growth plans right here in the Great Plains.

The centerpiece of this support is the permanent extension of the 199A Deduction. This single provision alone has delivered an estimated $4,600 in average tax savings to eight million entrepreneurs nationwide. Without it, many small businesses would have faced a potential tax increase of up to 50%, jeopardizing their ability to expand, hire, and invest locally.

Further bolstering capital investment are provisions enabling 100% expensing for new factories, equipment, and research. By allowing the full cost of these investments to be deducted in the year they occur, the law immediately reduces tax burdens upfront while powerfully supporting modernization across our manufacturing base.

The support also flows directly to workers throughout Iowa, Kansas, Missouri, and Nebraska. Taxpayers have already claimed substantial relief; over 4.6 million Americans reported ‘no tax on tips,’ and nearly 20 million benefited from ‘no tax on overtime.’ These immediate wage benefits prove the law’s commitment to supporting working families across our region.

These cumulative tax provisions do more than just return money–they build a powerful, durable foundation for sustained economic activity across the Great Plains. By safeguarding small business investment and directly bolstering wages at the local level, Working Family Tax Cuts ensure that our region remains robust, competitive, and strongly positioned for America’s next era of opportunity. To stay informed on the latest news, visit www.sba.gov and follow us on social media.

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Brad Zaun is the SBA Regional

Administrator for Iowa, Kansas, Missouri,

and Nebraska and a former Republican

Iowa State Senator.

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