There are many faces of tax reform. More than 300 million, to be precise!
When House Republicans rolled out our Unified Framework for Fixing the Broken Tax Code, it was with every family, farmer, business owner across this country in mind. As House Republican Conference Chair Cathy McMorris Rodgers (R-WA) noted, “They’re everyday, hardworking men and women all across this country, [many of whom] are living paycheck to paycheck and we want to help reduce that burden…so they have more of their dollars in their own pocketbook.”
Our goals are straightforward: We want more jobs, fairer taxes, and bigger paychecks. And after years of listening to the American people, we’re committed to getting pro-growth tax reform finished this fall. Want a deeper dive?
House Republicans want you to know the faces of tax reform, and are taking to social media to share stories from their districts. Here’s a look at what our vision means for Americans of all kinds of backgrounds:
- Reform will streamline the relief available to families so that they can utilize the benefits rather than be anxious about confusing, overlapping rules.
- Enhancements of the Child Tax Credit will help families keep more of their hard-earned money, and it will help them spend more on keeping their children safe, happy, and healthy rather than putting more money in the hands of the government.
- This will be a big help to families who have been struggling to make ends meet with the little things like groceries and school supplies — and the bigger items like family cars or maybe that vacation they’ve been saving for.
- Under the current system, farmers and ranchers face an undue burden which limits the amount of income they can hold onto and invest in growing their enterprises. Our framework allows businesses to expense the cost of new Capital investments for at least five years.
- Also, by eliminating the “Death Tax,” farmers can keep their hard work in the family and pass on a successful legacy to their children.
- Owners of businesses large and small will save time and money — and be more competitive — with a lower corporate tax rate and a lower pass-through tax rate.
- Paying taxes shouldn’t distract business owners from growing their businesses, creating jobs, and providing important goods and services.
- Businesses will be able to make decisions based on what is best for their vision of their business, rather than facing a system that encourages decision-making based on chasing tax breaks.
- Reforms will make America a more competitive place to own businesses, encouraging manufacturers to set up here rather than abroad.
- This will bring valuable jobs back into the American economy and expand opportunities for Americans to earn competitive wages at home.
- Companies will have more flexibility to hire workers, and wages can increase so that individuals come home with more income.
- Additionally, with the doubled standard deduction, increased Child Tax Credit, and other reforms, workers get to keep more of their hard-earned money.
Chair McMorris Rodgers Goes on the Road with Faces of Tax Reform Tour:
As we continue our work on pro-growth tax reform, Chair McMorris Rodgers wants to hear from Americans from all walks of life. That’s why this week she’ll launch the “Faces of Tax Reform” tour, focused on the individual side of the tax code. Her tour starts with a Minority Entrepreneurs Roundtable this afternoon and a visit to Rep. Richard Hudson’s (R-NC) district in North Carolina this weekend. She is also planning stops in Michigan, Virginia, and Pennsylvania.
For more on her tour and what House Republicans are doing on tax reform, CLICK HERE
Tax Reform in the News:
Politico | House Republicans gear up for imminent tax bill rollout
And House Republican Conference Chair Cathy McMorris Rodgers of Washington, who leads the House GOP’s messaging arm, is preparing rollout plans that include a texting campaign and multistate tax tour. She has also nearly doubled the number of media and digital strategy aides on her staff.
“This is it. This is the ultimate must-pass legislation for House Republicans,” McMorris Rodgers said. She said her job is to “make sure that everyone around the country understands how tax reform is going to help them.”