Congressman Biggs Celebrates the One-Year Anniversary of Working Families Tax Cuts Act

WASHINGTON, D.C. - One year ago, on July 4, 2025, the Working Families Tax Cuts Act was signed into law, giving tens of millions of Americans more tax relief and economic breathing room to pay their bills and save for their children's futures.

According to government data, more than 60 million filers claimed at least one new tax cut during the legislation's first year of operation. The average refund (approximately $3,300) put 11 percent more money back into the pockets of hardworking Americans than the previous year. The vast majority of filers receiving a tax cut (96%) reported yearly earnings of less than $200,000. Millions of filers claimed the new No Tax on Tips and No Tax on Overtime deductions.

Additionally, the bill made the 20% pass-through deduction permanent and renewed immediate expensing, giving entrepreneurs the certainty to invest, hire, and grow. Those reforms were projected to create over one million new Main Street jobs and generate $750 billion in economic growth. With more earnings in hand, business owners can raise wages, expand operations, and build stronger local economies.

Arizonans benefited greatly from the historic tax cuts bill. Thanks to this legislation, many Arizonans have seen a substantial wage increase, and 133,000 jobs have been protected. Well over a million Arizona seniors were eligible to benefit from the provision eliminating taxes on Social Security. Roughly two-thirds of workers across the state are employed in overtime-eligible occupations, allowing them to use the no-tax-on-overtime provision. Many Arizona laborers were eligible for the provision exempting tips from taxes.

"In the first filing deadline under the Working Families Tax Cuts era, tens of millions of Americans, including many across Arizona, celebrated higher wages and lower tax bills," said Congressman Biggs. "President Trump and congressional Republicans were motivated to build on the successful 2017 tax cuts, giving more certainty to families and business owners - and we accomplished our mission with flying colors. As I travel around my district, I'm pleased to hear the positive stories of how this legislation improved lives and created opportunities for business growth. Americans deserve to keep more of their money, and this bill has done-and will continue to do-just that in the years to come."

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