Jobs and the Economy
 I have long advocated for a fairer, simpler and lower taxes on American families and job-creators. That’s why I strongly supported the Tax Cuts and Jobs Act when it passed in 2017, and I strongly supported making these provisions permanent with passage of H.R. 1, the Working Families Tax Cuts Act. This commonsense, historic piece of legislation helped Americans from all walks of life by creating jobs, bolstering paychecks, slashing tax burdens and repatriating American earnings. America previously had one of the worst tax codes in the industrialized world for businesses. By reducing tax rates for businesses large and small, our bill leveled the playing field and made America the jobs magnet of the world. The Tax Cuts and Jobs Act also threw out special-interest loopholes and consolidated deductions. Most importantly, the Tax Cuts and Jobs Act lowered individual tax rates for low- and middle-income Americans and eliminated excessive, costly taxes. That means you get to keep more of your hard-earned paycheck. We compounded this success with passage of H.R. 1, the Working Families Tax Cuts Act. This bill made permanent the 2017 tax cuts and is estimated to increase take-home pay for a family of four from $7,600-$10,900 per year for the next four years. That means that 6.9 to 7.2 million jobs will be protected and created. H.R. 1 went even further by:
The Working Families Tax Cuts Act puts our economy to work for the people who built it—American families, seniors, business owners, employees, parents, and entrepreneurs. If you’re not receiving the tax cuts to which you’re entitled, don’t hesitate to contact me using the “Connect” tab on this website, to see how the Working Families Tax Cuts Act benefits you. |
