Senator Ashley Moody recently talked about the many wins secured by the One Big Beautiful Law at the Florida SBDC Network’s Small Business Success Summit.
Republican Senator Ashley Moody supported the One Big Beautiful Law which was signed into law by President Donald Trump. She said it secures many wins for business owners and employees alike.
At a meeting with hundreds of small business leaders in Tampa, Senator Moody promoted these victories, including permanent tax reductions and repealing onerous regulations.
“As Florida’s newest Senator, it is a privilege to fight alongside President Trump to secure major wins for Floridians,” Republican Senator Ashley Moody said. “The groundbreaking One Big Beautiful Law delivers many BIG wins for Florida small businesses—from making tax reductions permanent to repealing onerous IRS reporting regulations. Small businesses are the cornerstone of our communities, and I’m proud of the victories secured to ensure they can thrive and fuel our economy.”
According to Republicans, the One Big Beautiful Law features wins for small business owners and employees such as:
- No tax on tips for millions of tipped workers;
- No tax on overtime for millions of America’s hourly workers; and
- Increases the 1099-MISC threshold, reducing the paperwork burden for small businesses and workers.
By supporting the One Big Beautiful Bill, Florida Senator Ashley Moody voted to extend the 2017 Tax Cuts and Jobs Act. By voting to pass this legislation, Senator Moody said she prevented the following for Floridians specifically:
- $3,650.00 tax hike on the average Florida family;
- 399,000 Florida jobs lost;
- 2,441,080 Florida households’ child tax credit cut in half;
- 1,908,210 Florida small business owners would see a massive tax hike; and
- 10,001,420 Florida families’ standard deduction cut in half.
Senator Ashley Moody pledged to continue to fight for Florida small business owners and workers.
