Curbelo Comments on Completion of Ways and Means Tax Reform Markup

Statement

Representative Carlos Curbelo (FL-26), South Florida's only Member of Congress on the tax-writing House Ways and Means Committee, issued the following statement after the completion of the Tax Cuts and Jobs Act markup:

"After a week of spirited debate, today my colleagues and I completed Committee consideration of the first major tax reform plan in over 30 years. The Tax Cuts and Jobs Act puts middle-income American families first with a larger child tax credit and a new family flexibility credit that will help them keep more of their hard-earned paychecks. The legislation will collapse and lower current tax rates to ensure a typical middle-income family in South Florida will receive a $1,448 tax cut.

"We're also giving small businesses and American companies a chance to compete and win in the new globalized economy. By providing businesses of all sizes with lower tax rates, we will make it easier for our entrepreneurs and job creators to invest here at home and increase pay checks for American workers.

"While the process of reforming our broken tax code is far from over, our work this week was critical to ensuring that economic recovery will reach every American family. I look forward to debating this bill on the House Floor next week and continuing this process to ensure all Americans -- especially the most vulnerable -- have the opportunity to find their success."

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