|WASHINGTON, D.C.— House Majority Whip Steve Scalise (R-La.) joined Fox News Channel’s America’s Newsroom this morning to discuss how the House’s Tax Cuts and Jobs Act will make our businesses competitive again so we can bring back jobs from overseas to grow our economy and put more money back in the pockets of American workers and families.
Click here or on the image above to watch the full interview.
On how the House’s tax reform bill will put money back in the pockets of American workers:
“I think the American people are really hungry for this. I mean, when you look at our tax cut bill, this is the best thing we can do to get our economy moving again. Look, I’m sick and tired of seeing these jobs move overseas. We’ve seen company after company move jobs to countries like Ireland or Canada. Under our bill we’re going to be able to move those jobs back and the best part of it is everybody who pays taxes will get a tax cut across every political spectrum. I mean, you look at whatever income range you’re in, you’ll be seeing a tax cut and that’s going to be something that when American families have, on average—a new study came out—$2,500 more back in your pockets from this bill, you’re going to be spend your money a lot better than Washington and this is going to get the economy moving.”
On the simplification this bill provides:“If you look at every different income range, you’re going to see everybody in those income ranges get a tax cut. What one person does versus another, as the Speaker said, we’re closing a lot of special interest loopholes. That doesn’t mean that somebody’s going to no longer pay less in taxes, it means they just don’t have to alter their behavior. They’re going to be paying less in taxes because every rate is going to go down and we simplify the code. Under our bill you’ll actually be able to fill out—over 90% of Americans will be able to fill out their taxes on a postcard. Just think of how complicated the current tax code is. Nobody can understand it. Now, it will be so simple over 90% of Americans can do their taxes on a postcard. You can go to fairandsimple.gop, by the way, to find out the real details on this bill and, look, it’s going to work well for everybody across the spectrum.”
Scalise On Passage of Tax Cuts and Jobs Act: This is Nothing Short of Historic
Nov 16, 2017