Working Families Tax Cuts: A Year of Investment and Growth for Entrepreneurs and Small Businesses

By SBE Council at 1 July, 2026, 5:08 pm

Small Business & Entrepreneurship Council (SBE Council) President & CEO Karen Kerrigan issued the following statement on the one-year anniversary of the enactment of the Working Families Tax Cuts and its many provisions that have supported the growth, competitiveness, and profitability of America’s small businesses:

“As we mark the one-year anniversary of the Working Families Tax Cuts Act, we celebrate a landmark achievement that strengthened the foundation for entrepreneurship, small business growth, investment, and job creation across America.

“The law delivered meaningful and permanent tax relief that has improved confidence, strengthened cash flow, encouraged investment, and provided entrepreneurs and small business owners with greater certainty to plan, grow, hire, and compete. These benefits extend beyond business owners to the millions of employees who work for small businesses and the communities they support.

“Beyond delivering historic tax relief, the Working Families Tax Cuts Act advanced a broader agenda to strengthen America’s entrepreneurial ecosystem. The legislation included reforms that improve infrastructure and energy development, expand health care flexibility through Health Savings Accounts, encourage family wealth-building and financial security through Trump Accounts, reduce unnecessary regulatory burdens, and modernize government to better support economic growth. Together, these reforms help create an environment where entrepreneurs can spend less time navigating obstacles and more time building businesses, creating jobs, and serving their customers.

“In addition to strengthening cash flow, profitability and investment, SBE Council’s survey research shows that many small business owners are embracing new opportunities created by the law – including plans to contribute to Trump Accounts for employees’ children as a valuable workplace benefit. That reflects what successful small businesses have always understood: investing in workers, families, and future generations is an investment in stronger businesses, healthier communities, and a more competitive American economy.

“SBE Council is pleased the work in Congress continues to advance policies that expand opportunity, and ensure America’s entrepreneurs and small business economy continues to innovate, grow, and lead.”

SBE Council is a nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For more than 30 years, SBE Council has advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth.

Visit www.sbecouncil.org for additional information. X: @SBECouncil

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