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Chairman Roger Williams says recent tax law is boosting Main Street, cites FIFA as potential local stimulus
Summary
In a broadcast marking National Small Business Week, Rep. Roger Williams, chair of the House Small Business Committee, praised recently enacted tax changes—calling them permanent and beneficial to community banks, manufacturers and family businesses—and said FIFA World Cup matches could bring added customers to restaurants and hotels.
Rep. Roger Williams (R-Texas), chairman of the House Committee on Small Business, defended recently enacted tax changes on a radio program Thursday, saying the package is already producing benefits for small businesses.
"The big beautiful bill is already working on Main Street," Williams said, adding that the legislation made tax cuts permanent and eased rules for community banks so they can extend loans to small firms. "We cut regulations drastically for community banks...they can make a payroll loan...they can make an operating capital loan," he said.
Williams described provisions that allow faster write-offs for business equipment—"100% expensing"—and said lawmakers raised the estate/inheritance exclusion from $15 million to $30 million for couples, a change he said protects family-owned businesses and farms.
The on-air host asked whether the influx of international sporting events, including FIFA World Cup matches to be held in some U.S. cities, might boost Main Street sales. Citing an estimate mentioned on-air, the host said officials forecasted about a $30 billion boost to the U.S. economy this summer; Williams referred to a Fort Worth roundtable with local entrepreneurs and predicted restaurants, hotels and other small businesses in host cities would see increased customer traffic.
"Small business is going to benefit from it," Williams said, adding the events could prompt visitors to invest or relocate after seeing local opportunities.
The program also aired or read a statement introduced as coming from Minnesota Rep. Ilhan Omar about a visit to Minute Man Press in North Minneapolis, where her office printed outreach materials. Earlier in the segment, the host criticized Omar and raised allegations about financial disclosures and a family-owned winery; those allegations were presented on air without a response from Omar on this program.
Williams framed the tax changes as lowering regulatory burdens and improving cash flow for small firms, particularly through community-bank lending and tax incentives for investment. He and the host described the law’s changes as intended to spur entrepreneurship and generational continuity in family businesses.
The interview closed with the host thanking Williams and repeating that proponents expect a measurable return on investment from the tax changes.
