OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Tax Reform to Help Families & Small Businesses

Statement

Date: Dec. 17, 2015
Location: Washington, DC
Issues: Taxes

Chief Deputy Whip Patrick McHenry (R, NC-10) released the following statement after House passage of the Protecting Americans from Tax Hikes (PATH) Act:

"Americans have long sought clarity and certainty when it comes to our tax code and today the House provided just that with passage of the Protecting Americans from Tax Hikes (PATH) Act. This bill is a victory for both families and small businesses. It provides families with greater tax savings by making permanent important individual deductions while also enabling businesses to grow by incentivizing them to reinvest in new equipment.

"Additionally our bill includes a two year moratorium on Obamacare's job-killing medical device tax and protects Americans from IRS abuse. Most importantly, this bill sets the stage for what our tax code truly needs: a comprehensive rewrite that simplifies the code and lowers rates across the board."


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