What Pro-Growth Tax Reform Means for Workers and Families
US Daily Review
With another stressful Tax Day behind us, House Republicans are continuing to move full steam ahead on our plan to completely overhaul America’s broken tax code. We are taking historic action to unleash historic growth—of jobs, wages, and our economy—that vaults America back into the lead pack among our global competitors. Our Tax Reform Blueprint will dramatically lower tax rates for workers, families, and job creators; eliminate special interest loopholes; repeal uncompetitive taxes like the “Made in America” tax; and allow American businesses for the first time in history to immediately write off the full cost of new capital investments.
According to the independent Tax Foundation, taken together, these bold actions will grow America’s economy by more than 9 percent over the next decade—a vast departure from the historically slow growth under the Obama Administration.
Here’s what this historic economic growth means for workers and families:
As House Republicans continue working together with the Trump Administration to deliver pro-growth tax reform, the Ways and Means Committee will soon begin a series of hearings to examine the benefits of our Tax Reform Blueprint—specifically how our proposals will create more jobs, raise wages, strengthen American businesses, and improve the lives of workers and families across the country.
CLICK HERE to read about the independent Tax Foundation’s Analysis of House Republicans’ Pro-Growth Tax Reform Blueprint.
CLICK HERE to learn more about the House Republican Tax Reform Blueprint.PERMALINK