One Big Beautiful Bill Delivers Pro-Growth Tax Policy Security for Wyoming

We know there’s been a lot of confusion, uncertainty, and disagreement surrounding the One Big Beautiful Bill. But there’s also a lot of potential. Potential for businesses to grow, potential for communities to thrive, and potential to rise above the chaos and build lasting economic prosperity. That’s exactly what we’re working toward, together.

The One Big Beautiful Bill Act (H.R. 1) delivers permanent tax relief for American businesses, providing the certainty needed to invest, innovate, and create jobs. This legislation not only extends critical provisions from the 2017 Tax Cuts and Jobs Act but also sharpens America’s competitive edge and puts more money in workers’ pockets—boosting prosperity in communities across the country, including right here in Wyoming.

What the Bill Means for Business

• Preserves competitive business tax rates, including the 21% corporate tax rate and 20% pass-through deduction

• Encourages reinvestment, innovation, and job growth through full R&D deductions and capital expensing

• Strengthens the U.S. global business competitiveness, attracting investment and supporting Wyoming’s key industries

WY It Matters

Through our advocacy efforts, Wyoming’s business community played a vital role in shaping this legislation. Tax cuts don’t just impact the bottom line of businesses, they put more money into the hands of consumers, fueling demand, supporting local shops, and creating a cycle of growth that benefits everyone. When businesses succeed, jobs grow, wages rise, and Wyoming’s economy becomes more resilient and vibrant.

This policy win is a launchpad for opportunity and a brighter future. We’re not just imagining potential; we’re turning it into real, lasting progress for all Wyomingites.