Economy

Congresswoman Van Duyne is working to implement conservative, limited government policies to get the federal government out of the way so working families and job creators can thrive. The only Republican member to serve on the Ways and Means and Small Business Committees, she’s working to slash burdensome federal regulations and create a pro-growth tax code that helps the American people keep more of what they earn, empowers job creators to reinvest in new equipment or employees, and enables our businesses to be globally competitive. In the 119^th Congress, Congresswoman Van Duyne was selected to serve as Chairman of the Small Business Subcommittee on Economic Growth, Tax, and Capital Access.

Cutting Taxes

American families, workers, and job creators have felt the pain of Biden’s cost-of-living crisis. To fight inflation, cut regulations, and deliver much-needed tax relief, Rep. Van Duyne helped pass the Tax Cuts for American Families and Workers Act. In addition to including her legislation to protect China from acquiring American farmland, the bill would support working families through an enhanced child tax credit, research and development expensing, ending double taxation on businesses and workers operating in America and Taiwan, and providing disaster tax relief. She also voted to provide a new $4,000 Guaranteed Deduction Bonus through the Tax Cuts for Working Families Act.

In the 118^th Congress, the Ways and Means Committee created tax teams to study key provisions from the 2017 Trump tax cuts that are set to expire in 2025. Rep. Van Duyne served on the Main Street Tax Team and as Vice Chair of the New Economy Tax Team.

As a member of the Main Street Tax Team, Rep. Van Duyne met with local job creators to discuss the importance of renewing and expanding the 2017 Trump tax cuts. In response to these discussions, she cosponsored the Main Street Tax Certainty Act, which would extend the 199A small business deduction and lower taxes for individual and family-owned businesses.

As Vice Chair of the New Economy Tax Team, Rep. Van Duyne worked to support innovative new sectors of our economy. She cosponsored and helped advance the Saving Gig Economy Taxpayers Act to repeal a Biden-Harris policy that requires 1099-K tax forms to be sent to Americans using third-party cash apps like Venmo and PayPal. She is working to devise a forward-thinking tax code that allows workers to have autonomy, flexibility, and the opportunity to supplement income.

Reducing Regulations

With more than $1 trillion in new regulatory costs imposed by the Biden-Harris Administration, Rep. Van Duyne introduced the Small Business Regulatory Reduction Act. Advanced by the Small Business Committee in July 2023, this bill will prevent the Administration from piling on new regulations without regard for the harmful costs imposed on our nation’s entrepreneurs. Senator Roger Marshall (R-KS) introduced companion legislation in the U.S. Senate.

 Supporting America’s Working Families and Job Creators

In response to the needs of the local business community and North Texans looking for new opportunities, Rep. Van Duyne held her third, in-person, North Texas Job Fair in August 2024. Bringing together a bipartisan group of more than 50 local leaders and 500 businesses offering more than 22,000 jobs, this was the largest job fair in the region and drew over 25,000 job seekers to Globe Life Field.

To help expand the availability and affordability of homeownership in America, Congresswoman Van Duyne introduced the Housing Supply Expansion Act and the Uplifting First-Time Homebuyers Act, which offer long overdue reforms to lower the costs of building affordable homes while also increasing access to capital for first-time homebuyers.

To prevent foreign companies from abusing programs designed to support American businesses, Rep. Van Duyne introduced the Made in America Integrity Act to punish bad actors who falsely self-certify goods as made in the United States.