This week, the U.S. House of Representatives and the United States Senate passed H.R. 1, the Tax Cuts and Jobs Act. This final tax plan reduces tax rates for all income levels, spurs economic and job growth, and repeals Obamacare’s individual mandate for health insurance.
My statement on the pro-growth Tax Reform package
“For the last three decades, hardworking American taxpayers have been weighed down by an unfair, complicated, and burdensome tax code. With today’s passage of H.R. 1, that cumbersome tax code is now a thing of the past. Simply put, Congress made a promise to the American people to provide tax relief and we have delivered on that promise by reducing rates for individuals at all income levels and roughly doubling the standard deduction. The reduction in tax rates for businesses and job creators – whether big or small – will unleash more opportunities and bigger paychecks for employees.
With Christmas right around the corner, repeal of the Obamacare individual mandate will be a great gift for hardworking Americans. This will enable families to choose a health care plan that’s right for them, without fear of incurring a tax penalty. Shortly, the Tax Cuts & Jobs Act will be sent to the President’s desk for signature and the American people will begin the New Year with the assurance of more jobs and bigger paychecks.”
Learn more about Tax Relief
To learn more about how Tax Relief, click the image above. |
What's Coming Up
Next week, the House will not be in session. Stay tuned for a special Christmas message from me!
Sincerely,
|