Economic policies that prioritize working families, small businesses, and seniors will make Wisconsin stronger and help our communities grow
MILWAUKEE, Wis. – As Congressmen Derrick Van Orden and Bryan Steil join Republican leaders from across the country in Milwaukee this week, they have an opportunity to speak out against disastrous tax proposals that give billions in new handouts to the ultra-wealthy and big corporations, while asking working families to shoulder more of the burden.
Currently, Congress is debating a costly extension of Trump-era tax policies that have primarily benefited those at the top. New estimates show that extending portions of the Republican tax law could cost $4 trillion through 2034 – a jump of more than 50% from previous estimates by experts.
Both Congressman Steil and Congressman Van Orden have co-sponsored legislation to permanently extend provisions from that law that would continue massive handouts to those at the top. Congressman Bryan Steil is a co-sponsor of H.R. 976 – which would give the richest 1% of Americans a $44 billion tax cut in 2026 alone. Both have also co-sponsored H.R. 4721 – a permanent extension of a major loophole that make it easier for owners of large, successful businesses to avoid paying their fair share.
While working to secure even more tax breaks for those at the top, Steil and Van Orden have also supported making it easier for wealthy tax cheats to avoid paying what they owe. Last week the IRS announced that thanks to additional funding from the Inflation Reduction Act, they’ve recovered more than $1 billion from millionaires who owed at least $250,000 in unpaid taxes. Steil and Van Orden have both opposed the Inflation Reduction Act and since its passage they have voted to strip funding that made this crackdown on wealthy tax cheats possible.
“With all eyes on Wisconsin this week, Congressmen Bryan Steil and Derrick Van Orden have the opportunity to finally speak out against these disastrous tax policies and fight for economic proposals that support working families instead,” said Opportunity Wisconsin Program Director Meghan Roh. “Wisconsinites expect them to support policies that help working families keep more of their hard earned money, help small businesses hire more employees, and help parents afford basic necessities like child care – that’s how we can make families wealthier and give them every opportunity to succeed.”