BELOIT, WI – Yesterday, the U.S. Chamber of Commerce, the national organization that represents small businesses and community chambers of commerce across the country, endorsed Bryan Steil for reelection to Congress at FairBanks Morse in Beloit.
At the event, Steil joined workers, community leaders, and employers to discuss how recent reforms in federal law are helping support working families, encourage U.S. manufacturing, and building our economy.
“Wisconsin’s workforce is second to none, and I am proud to support the men and women who help us build in America. I will continue working to lower costs for working families and seniors, and building family-supporting manufacturing jobs right here in Wisconsin,” said Congressman Bryan Steil.
“The U.S. Chamber is proud to be in Beloit today to endorse Rep. Bryan Steil for reelection to represent Wisconsin’s First Congressional District. Congressman Steil is dedicated to supporting free enterprise policies that bring down costs and create opportunities for Wisconsin workers, businesses, and communities. We are proud to support him and look forward to continuing to work together next Congress,” said Neil Bradley, executive vice president at the U.S. Chamber of Commerce.
This comes alongside Steil’s endorsement by the Wisconsin Operating Engineers Local 139 Union and The International Union of Painters and Allied Trades Council 7.
Steil has consistently worked to support Wisconsin families, manufacturing workers, Wisconsin jobs, and community businesses. During his time in Congress, Steil has advocated for policies that expand infrastructure investment, strengthen American manufacturing, reduce unnecessary regulations and help create opportunities for workers across Southeast Wisconsin. This includes Steil’s work to eliminate taxes on overtime as part of the Working Families Tax Cuts.
Background:
In Congress, Steil is working to make life more affordable for working families, support workers, and encourage U.S. investment in domestic manufacturing.
- This includes delivering historic tax relief through H.R. 1 which:
- Increased tax refunds for working families by 10%.
- Stopped a $1,500 tax increase for working families in Wisconsin
- New $6,000 senior deduction for low and middle-income seniors – 88% of social security recipients will not pay taxes on their benefits
- Eliminated taxes on tips and overtime
- Expanded and made permanent Child Tax Credit to $2,200
- New $1,000 federally funded child savings accounts
- Increased Child Care Tax Credit for employers to help working families
- Up to 40% of child care costs, up from 25%
- Maximum credit of $500,000
- Made permanent the Paid Family Leave tax credit
- Credit of 12.5-25% of employee wages
- Steil is also working to support U.S. manufacturing and build more family-supporting jobs right here in Wisconsin
- Made permanent the Small Business Deduction
- Expanded phase in range to $75,000 for single filers and $150,000 for married filers (up from $50,000 / $100,000).
- 54,000 small businesses in WI-01 would have been hit with a new 43.4% tax rate if the 199A Small Business Deduction expires.
- Expanded Section 179 expensing to encourage investment and expansion
- Made permanent the Small Business Deduction
