Since the passage of the Tax Cuts and Jobs Act (TCJA), Americans are seeing more money in their pockets and witnessing a positive impact of the new benefits included in the President’s new tax law:

President Trump’s tax cut provided an increase of $6,000 in disposable income per house-hold.

The tax bill delivered relief to hard-working Americans with the expansion of the child tax credit; “The child tax credit pro-vides a credit of up to $2,000 per child under age 17.”

The TCJA has been a win for small business owners as they have been able to deduct up to 20% of their qualified business income under the new tax code.

Small businesses have seen a huge success under President Trump’s tax cut; at the end of 2019, the National Federation of Independent Businesses said that two-thirds of their members have seen their tax liability go down as a result of the law.

A Gallup survey found that 69% reported that their business has benefited from the 2017 law.

The TCJA also created the Opportunity Zones program, which has increased investments in low-income communities across the country.

Government leaders from across the country have praised the President’s Opportunity Zones program as it will revitalize low-income areas in their communities while spurring economic growth.