TAXES, jobs & ECONOMIC PROSPERITY
French has delivered real results for Arkansas families by cutting taxes and lowering costs. He helped pass the Working Families Tax Cut, putting up to $10,000 back in the pockets of an Arkansas family of four. The law’s sweeping successes included:
- Eliminating taxes on tips and overtime pay
- Expanding Health Savings Accounts
- Enhancing adoption credits
- Delivering targeted tax relief for agriculture and rural lending
- Creating “Invest in America” accounts for every American child, starting with a $1,000 contribution at birth
French also helped pass President Trump’s proposal to reduce taxes on Social Security by establishing a new deduction for senior citizens to lower their tax liability.
To fight inflation and reduce everyday expenses, French introduced the Price Stability Act to lower costs on essentials like groceries and gasoline and to force the government to focus on reducing inflation. He also backed the Lower Healthcare Premiums for All Americans Act to reduce insurance costs and make healthcare more affordable for working families.
French has been a strong advocate for economic growth and job creation. He introduced the 21st Century Housing Bill to increase housing affordability by modernizing outdated federal programs, removing regulatory roadblocks, and giving housing developers the flexibility needed to build more homes.
He also championed the relocation of airport navigation equipment at the Little Rock Port, unlocking nearly 1,000 acres for new business investment and job creation and transforming the site into a major industrial hub.
French is also leading in innovation and small business growth. He helped establish the first federal framework for stablecoin regulation, expanding opportunities in the digital economy while protecting consumers. He passed the INVEST Act to cut red tape and expand access to capital for small businesses, startups, and entrepreneurs, and introduced the S-CAP Act to create new ownership opportunities for Arkansas workers.
He also introduced legislation to cap the federal long-term capital gains tax at 15 percent and promote responsible use of artificial intelligence in financial services to keep America competitive.