Pro-Growth Tax Reform

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I was proud to support the Tax Cuts and Jobs Act, which President Trump signed into law on December 22, 2017. It was the first overhaul of our nation’s tax code in more than 30 years, and a huge win for hard-working American families, who were burdened for decades by an outdated, unfair tax code.

Among the its many positive changes, the Tax Cuts and Jobs Act nearly doubles the standard deduction from $6,350 to $12,000 for individuals and from $12,700 to $24,000 for married couples, cuts individual tax rates across all brackets and maintains the mortgage interest deduction up to $750,000. These changes will allow you to keep more of your hard-earned money, so that you can save, spend and invest in the things that matter to you. Click HERE to read more about the Tax Cuts and Jobs Act. 

I also supported "Tax Reform 2.0," a combination of three bills (Protecting Family and Small Business Tax Cuts Act, Family Savings Act and the American Innovation Act) which would make permanent the individual and small business tax cuts made by the Tax Cuts and Jobs Act. According to the non-partisan Tax Foundation, making these tax cuts permanent would create 1.5 million new jobs, increase wages by 0.9 percent and increase GDP by 2.2 percent. The House passed all three bills in the 115th Congress. 

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