WASHINGTON, D.C.— House Majority Whip Steve Scalise (R-La.) joined members of the House Ways and Means Committee and fellow House Republican leaders to discuss today’s introduction of the Tax Cuts and Jobs Act, a bill which fulfills the GOP’s promise to deliver a fairer and simpler tax code that will give middle-class American families, on average, a $1,182 tax cut.
“This is an exciting day for American families who are tired of paying too much in taxes, who are fed up with a tax code that’s so complicated that if you call ten different IRS agents, you’re going to get ten different answers, people who are fed up with an economy that’s not growing, where they see their wages stagnant. The good news is, that changes today with this tax cut plan that finally puts money back in the pockets of working families. If you look at what was done here, Chairman Brady and his committee at Ways and Means have worked incredibly hard to make sure that hardworking families are going to get more of their paychecks. They’re going to be able to keep more money. You’re going to see wages grow by getting our economy back on track.
“Every time I see a company moving jobs overseas it makes me angry. Now we can be angry, we can be mad, but today we do something about it. By changing the tax code, we actually bring those jobs back to America. You’re going to see tens of thousands of high paying jobs come back to America. Right now, America’s dead last in the industrialized world because we have the highest tax rate. That needs to change. Let’s make America competitive again—that’s what our bill does.
“By making America competitive again, we have an opportunity to rebuild the middle class, to bring good jobs back to America and to grow our economy. Just like these families behind me, they want to see more money in their pockets; they deserve to have more shots at the American dream. You’re going to see more people have a real opportunity and have a real chance to get their piece of the American dream by having more money in their pockets and by seeing things like the Death Tax eliminated like Kristi [Noem] talked about.
“This is an exciting day not only because we’re standing here today as Republicans in the House moving forward, but President Trump is standing with us. President Trump campaigned on doing this exact same thing, of putting money back in the pockets of hardworking families, to make sure that we can rebuild our middle class and get our economy back on track. It’s exciting to be working with President Trump to do something that’s truly going to grow our economy and give more people a chance to have their piece of the American dream.
“Over 90% of Americans will be able to fill out their taxes on a postcard. That’s what simplicity means, not only having more money in your pocket but being able to do this. “