Tuesday, April 17, will be the last time families have to file their taxes using the outdated, burdensome, overly-complicated tax code from 1986.
To mark this happy occasion, House Republican Conference Chair Cathy McMorris Rodgers (R-WA) joined Americans for Tax Reform to celebrate and highlight the positive changes families, workers, and small business owners can look forward to starting next year.
What are those positive changes? Lower tax rates for Americans that let families keep more of their hard-earned money. The standard deduction will nearly double, and the Child Tax Credit will double. The new tax code will have a simpler process, requiring less time away from people’s families and businesses. And there will be relief from Obamacare, because the Tax Cuts & Jobs Act repealed the individual mandate.
For more on these changes, visit FairandSimple.gop. And be sure to check out this recap ↓
Join us for our Tax Press Conference as we talk tax cuts and phase 2 of tax reform!Confirmed Speakers:Senator Ted Cruz (R – Texas) – Joint Economic Committee member; Sponsor of S. 2291 – bill to make tax cuts permanent Congresswoman Cathy McMorris Rodgers (R – Washington’s 5th district) – Chair, House Republican Conference Rep. Peter Roskam (R – Illinois’ 6th district) – Ways and Means Committee member Congressman Erik Paulsen (R – Minnesota’s 3rd district) – Chairman of the Joint Economic Committee; Ways and Means Committee Member Representative Mike Kelly (R – Pennsylvania’s 3rd district) – Ways and Means Committee Member Congressman Jim Renacci (R – Ohio’s 16th district) – Ways and Means Committee Member Rep. Kristi Noem (R – South Dakota's at-large district) – Ways and Means Committee Member Rep. David Schweikert (R – Arizona’s 6th district) – Ways and Means Committee MemberRep. Mike Bishop(R – Michigan’s 8th district) — Ways and Means Committee Member Rep. Darin LaHood (R – Illinois’ 18th district) — Ways and Means Committee Member Rep. Rodney Davis(R – Illinois' 13th district) – Sponsor of HR 4886 – the Permanent Tax Cuts for Americans Act Congressman David Kustoff (R – Tennessee’s 8th district) – Financial Services Committee Member Congressman Rod Blum (R – Iowa’s 1st district) – House Committee on Small BusinessKatie McAuliffe– Executive Director, Digital Liberty Paola Hinton — Owner of Five Senses Spa, Salon, and Barbershop — Peoria, Illinois Grover Norquist — President, Americans for Tax Reform
Posted by Americans for Tax Reform on Thursday, April 12, 2018
Excerpts from the Chair McMorris Rodgers’s Remarks:
“This is the week that many Americans will be putting the finishing touches on their taxes. As you sit down and file those taxes, you are reminded that this process is time consuming, complicated, and costs you way too much.
“For families, that’s more time that they could spending with our kids.
“For small business owners, it’s more money that they could be investing in their employees.
“The good news is that in less than one week, that will be the old system. Next year at this time, more Americans will be able to file on a simpler form.
“You won’t have to tell the IRS if you have health insurance or not because the individual mandate is repealed.
“Next year, families will be able to take advantage of an expanded child tax credit, and the doubling of the standard deduction.
“And most importantly, for the average family of four making $73,000, this will be a tax cut of $2,059.
“We will officially say goodbye to a broken tax code that’s as old as floppy disks, CDs, and dial-up.
“Next year it will be a lot simpler, and we will all be celebrating. And even right now, you see where the jobless claims are going down, wages are going up, consumer confidence is on the rise.
“I’m most excited about the optimism that I hear. Just a couple weeks ago, before Easter, Sonderen Packaging — a third-generation business in Spokane.
“Their employees are getting anywhere from $70-$300 more in each of their paychecks. And the optimism — it gives people hope! And that’s what we want for people.”