By Sioux City Times |
Feb 1, 2024
WASHINGTON, D.C. - U.S. Rep. Randy Feenstra (R-Hull), a member of the U.S. House Ways and Means Committee, has voted in favor of the Tax Relief for American Families and Workers Act. The legislation, which passed with a significant majority, aims to lower costs for families and support the growth and competitiveness of farmers and businesses, particularly in relation to China.In explaining his vote, Rep. Feenstra highlighted the key benefits of the legislation. The Act allows businesses to immediately deduct research-and-development investments made within the country,...