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The pro-growth, America first tax policy in the Working Families Tax Cuts will allow small businesses to expand operations, invest in new equipment, and deliver innovative products right here at home.
Last week, Acting Deputy Secretary Derek Theurer heard firsthand how Lifestyle Medical – a Main Street medical device ecosystem and small manufacturing incubator @Bridgerlandtech in Logan, UT – is leveraging the Working Families Tax Cuts to invest in advanced manufacturing capabilities today and expand operations in the future.
➡️Planned future expansion due the ability to immediately expense manufacturing structures – a policy championed by @SecScottBessent
➡️Two new manufacturing machines purchased facilitated by a return to 100% full expensing
➡️Certainty for future operations and innovations thanks to a permanent 20% Small Business Deduction and immediate expensing for R&D



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