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Holland Reporter

Tuesday, May 14, 2024

Huizenga Supports Tax Relief to Boost Economy & Help Michigan Families

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Congressman Bill Huizenga | Rep. Bill Huizenga Official U.S House Headshot

Congressman Bill Huizenga | Rep. Bill Huizenga Official U.S House Headshot

Congressman Bill Huizenga (R-MI) has thrown his support behind the Tax Relief for American Families and Workers Act, a bipartisan legislation that recently passed the House by a considerable margin. The act, which aims to alleviate the financial burden faced by families and small businesses, has been hailed as a crucial step towards boosting the economy and creating jobs.

In a statement, Congressman Huizenga emphasized the importance of this legislation in providing relief to families and small businesses affected by inflation. He highlighted key provisions such as an increase in the value of the child tax credit and the elimination of penalties for larger families. Huizenga believes that these measures will have a positive impact on parents across Southwest Michigan and the entire nation.

Furthermore, the congressman underscored the pro-growth aspects of the legislation. He noted that the act restores full R&D expensing, increases expensing for small businesses, and allows for interest deductibility. Huizenga shared that he has heard firsthand from job creators in Southwest Michigan about the critical role these reforms play in strengthening the economy and generating employment opportunities.

Huizenga expressed his satisfaction with the bipartisan support for the legislation. He stated, "I am glad to see a strong bipartisan vote to boost our economy and create good-paying jobs." The congressman's endorsement of the Tax Relief for American Families and Workers Act reflects his commitment to supporting Michigan families and promoting economic growth.

The passage of this legislation serves as a significant step towards providing much-needed relief for American families and small businesses. With Congressman Huizenga's support, this bipartisan effort aims to alleviate the financial strain caused by inflation and foster a stronger economy that benefits all.

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