This morning was a moment years in the making -- the introduction of the Tax Cuts & Jobs Act, our Republican tax reform bill that aims to bring more jobs, fairer taxes, and bigger paychecks to the American people.
Want to learn more about our bill, even read it for yourself? Text "TAX REFORM" to 50589 and visit FairandSimple.gop.
Shortly after the bill was introduced, House Republican Leadership, members of the Ways and Means Committee, and families from districts across the country gathered to celebrate this historic milestone. Speaking were Speaker Paul Ryan (R-WI), Ways and Means Committee Chair Kevin Brady (R-TX), House Republican Conference Chair Cathy McMorris Rodgers (R-WA), Majority Leader Kevin McCarthy (R-CA), Rep. Kristi Noem (R-SD), Majority Whip Steve Scalise (R-LA), and Ways and Means Tax Policy Subcommittee Chair Peter Roskam (R-IL).
Here are the highlights:
"This plan is for the middle-class families in this country who deserve a break. It is for the families who are out there living paycheck to paycheck, who just keep getting squeezed. You know, about half the country today is living paycheck to paycheck. And a lot more people are about a paycheck away from living paycheck to paycheck in this country. And this is going to help give people relief. The Tax Cuts and Jobs Act will deliver real relief for people in the middle--and people who are also striving to get there."
"Real relief from today's complex, costly, and unfair tax code is on the way. With this bill, there's relief for real American families. There's relief for American workers. And there's tax relief for hardworking job creators of all sizes. With this bill, we will grow our economy by delivering more jobs, fairer taxes, and bigger paychecks to Americans of all walks of life. That's especially true for low- and middle-income Americans who are just sick of today's broken tax code's impact on their jobs, their lives, and their paychecks. Under the Tax Cuts & Jobs Act, that will change."
Chair McMorris Rodgers:
$1,182 for someone who is living paycheck to paycheck in Kettle Falls, that's making a big difference. For families like the Dee-Cooks in Sterling Heights, Michigan, maybe they could put more money towards their mortgage. Or Victor -- he's a restaurant owner in Michigan and he says, "we pay our taxes first, we pay our people second, we pay our bills third, and then if anything's left over, we get paid.' Our plan's going to help people like Victor our plan is pro-family and it's pro-economic growth."
"For every member, this could really become the most significant bill they ever make a decision on in their term in Congress. More than three decades since the last time we had tax reform this size. The American public has been asking for it every single American is going to keep more of what they earn.
"Some time ago, I was grocery shopping a woman comes down and has a handful of coupons and said "Kristi, when will it get better?' She said, "health care has gone up. I had to carpool in town tonight to go to work and I'm waiting for my friend to give me a ride home. That means I miss my son's basketball game, my daughter's doctor appointment. When will it get better?' Today, I know this bill will bring relief to her. She was in the forefront of my mind when we were working on the details of this package I became passionate about tax reform years ago. And it was because when I was going to college my dad was killed in an accident on our family farm about a month later we got a bill in the mail from the IRS that said we owed Death Taxes I could not believe that the federal government would come to my family that had already paid taxes on all that income, and say because you had a tragedy, now you have to pay again .so, I'm excited about the provisions in this bill."
"This is an exciting day for American families who are tired of paying taxes and fed up with a tax code that is so complicated that if you call 10 different IRS agents you get 10 different answers. People 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."
"We're directly attacking the status quo -- the status quo of the tax code, the status quo of the Internal Revenue Code is the problem. It's the few that benefit under the status quo. Everybody else that basically feels brushed by this and overwhelmed by this. And we ask if historically this is a natural disaster we can't do anything about? It's not a natural disaster. The Internal Revenue Code is a statute. It was created by Congress, and it can be changed by Congress there are two views of the economy that are competing for the affections of the American people right now. One view is wrong -- it's the zero sum game view of the economy. It says if somebody is successful, it comes at someone else's demise. We reject that wholeheartedly I want to thank our Speaker and our leadership team and Chairman Brady, especially, for being tenacious and being willing to listen to changes and to hear criticisms and critiques. But ultimately to be incredibly disciplined and persevering to make sure that we have the opportunity to determine our future."