One year after President Donald J. Trump signed the Working Families Tax Cuts into law, anew reportconfirms the legislation has delivered a powerfulmanufacturing resurgencein every state.
The landmark law hassustainednearly six million American jobs, preserved more than $1 trillion in economic output, and safeguarded $540 billion in wages — among the strongest one-year impacts on U.S. manufacturing in modern history.
Through bold, pro-growth policies — including full expensing for equipment and machinery, immediate R&D expensing, full deductions for new and expanded factories, and strong incentives to build in America — the Working Families Tax Cuts are fueling investment, innovation, and growth across the entire manufacturing sector.
The report details the concrete benefits delivered in every state:
These results demonstrate the undeniable power of President Trump’s America First economic agenda.By putting American families and businesses first, the Working Families Tax Cuts are rebuilding American industrial strength, creating opportunity in every community, and delivering real results for real Americans.