President Trump came to Sioux City, Iowa, Thursday night with a simple message for the families who work the farms and factories of the heartland: the tax cuts he promised are now law.
“I signed the largest tax cuts in American history with the great big beautiful bill, including no tax on tips, no tax on overtime and no tax on Social Security,” the President told the crowd, adding a nod to “our great seniors.” Then he had some fun with it: “I don’t happen to be a senior. I’m in my 40s.”
The White House laid out what that means for Iowa. About 600,000 Iowa seniors benefit from the new senior deduction, and the average Iowa tax refund is $3,365 in 2026. The Working Families Tax Cuts safeguarded 57,000 Iowa jobs, $10 billion in GDP and $5 billion in wages, made the death tax exemption permanent to protect family farms, restored 100% expensing and doubled Section 179 expensing for small businesses.
Iowa farmers are winning too. The White House points to E15, a record corn crop of 2.77 billion bushels, $833 million in assistance to 57,000 Iowa farmers, and $209 million for Iowa through the Rural Health Transformation program.
The contrast could not be clearer. As the White House Rapid Response team reminded voters, every single Democrat voted against the tax cuts.
