What tax reform means for Georgia

Mar 20, 2018 | Communications •

We’ve got Georgia on our mind, because several House Republicans from the Peach State went down to the House floor to highlight how the Tax Cuts & Jobs Act is helping families, workers, and business owners at home.

Across the country, more than four million workers (and counting) are receiving more than $4 billion in bonuses, and the good news keeps rolling in. For more on that, including a map of the companies announcing pay raises and bonuses, check out FairandSimple.gop.

And be sure to read these great stories from Georgia ↓

Rep. Drew Ferguson:

“Over 400 major companies across our great Nation have announced bonuses, pay raises, and new investments in their businesses and communities that will offer benefits to over four million Americans. I am thrilled that a number of great Georgia companies are included in this; such as, Columbus, Georgia-based, Aflac and Total Systems Services; as well as companies like Home Depot, Carl Black, Yancey Bros., Cox Enterprises, SunTrust, and United Parcel Service, just to name a few. These are all major companies in my home State of Georgia that are making investments in their people and their industries so that they can better serve their customers, and it is paying big dividends.

“It is always exciting to hear about these announcements from major employers around the State, but the benefits of tax reform are not just felt by employees at major corporations, they are being felt by the job creators here on Main Street and right here in Georgia’s Third District. Two that I will highlight at some point tonight will be Shred-X in Griffin, Georgia, and Custom Truck and Body Works in Woodbury. Both of these businesses are expanding and hiring more workers, and this is a great story for the State of Georgia and the Third District. We are awfully proud of them.

“The positive impacts of tax reform have been felt by millions more Americans just this month as the updated withholding tables took effect. As employers implemented these tables, Americans across the country have seen these tax cuts reflected in bigger paychecks. This means keeping more of your hard-earned money to spend as you see fit. I have long said that Americans know how to spend their hard-earned money far better than the bureaucrats here in Washington. I look forward to seeing how our economy continues to improve.”

“Shred-X is a small business offering paper shredding and recycling services to approximately 3,000 clients throughout Atlanta and central Georgia, and they are using their tax savings to invest in their business. They are planning on buying a new truck and hiring a potential employee. Now, for a company like Shred-X, that is a true small business that employs ten people, the addition of one truck and another employee makes a big difference. Shred-X owner Cade Joiner told me: ‘This is just one practical example of how tax reform is helping us here on Main Street.’ It is really exciting to see our small business owners really beginning to see the benefits of tax reform and beginning to see the benefits with their employees as well.”

“Robert from Thomaston wrote in to my office to say that he had checked his check, and he had more money in his retiree account statement on his military pension because of tax reform, and this is helping him meet his monthly financial goals. Erin from LaGrange told me that she has $132 more in each paycheck. She said, while it may not seem like a lot to some, it is her money and every little bit helps. These are just two of the millions of Americans who are seeing larger paychecks because of comprehensive tax reform. Mr. Speaker, if anyone is not sure if tax reform is helping them, I want to encourage them to check their check, see how much more money they are saving each and every month.”


Rep. Buddy Carter:

“This is an important message that all Americans should hear and that all Americans will share in. Mr. Speaker, I rise today to speak about the benefits already impacting the First Congressional District of Georgia since the Tax Cuts & Jobs Act was signed into law.

“A few weeks ago, I traveled the district and visited with businesses, with students, and with senior citizens to discuss how tax reform is helping them. Nine Line Apparel, a business in Savannah, told me that the Tax Cuts & Jobs Act allows them to give more to their employees, a small difference helping their employees to take vacations, buy Christmas presents for their children, and make it easier to provide for their families.

“Lee Container Company in Homerville, which I visited a couple of weeks ago, said the Tax Cuts & Jobs Act will enable them to purchase more equipment and grow their business.

“I also had the opportunity, Mr. Speaker, to visit with students at Savannah State University. I shared my excitement that, for upcoming graduates, job creation from the Tax Cuts & Jobs Act will generate high demand for employees, increasing wages and making the job search easier than it has been in years past. Needless to say, they were excited to hear this good news.

“Mr. Speaker, the results from my trips around the district were encouraging, and I am proud we could pass tax reform benefiting all income levels, American businesses, and our whole economy…this legislation will truly go down as some of the most significant tax reform this country has ever seen. It is certainly the most significant tax reform in the last 30 years. The Tax Cuts & Jobs Act will put money in people’s pockets, will stimulate our economy, will create jobs. It is good for our economy and good for our country.”


Rep. Rick Allen:

“Mr. Speaker, I rise today to highlight the significant impact that comprehensive tax reform has had on Georgia’s 12th District. As a businessman, I bring a different perspective to the Halls of Congress. During my tenure in Congress, I have been focused on three goals: grow the economy, get folks back to work, and reduce the size and scope of the Federal Government.

“Like me, President Trump is a businessman; and under his leadership, we are getting our economy back on track. Nothing can compare to the effect that tax reform is having on jump-starting our economy and expanding small businesses and creating jobs. Over the past few months, I have had the opportunity to meet with several small businesses as I have traveled across Georgia 12 to discuss how tax reform is making real changes for them and their employees.

“I would like to share the story of Georgia Tire Company, a 72-year-old business located in Vidalia, Georgia. In 1946, two brothers, after World War II, decided to buy a small gas station. One of their sons, Rusty, began working alongside his father and uncle during the summer of 1965, and then began working full time at the family business in 1972, with a third generation of workers not far behind. Now they are known as a reputable business selling tires across the district and providing automotive repairs in Toombs County. The Moses family has built their business through hard work; treating customers fairly; a little bit of luck; and, most importantly, through their employees, who are treated like part of their family.

“When I had the opportunity to speak with Rusty Moses about the success of his family business, he told me that his employees are hardworking, honest, law-abiding people, but high taxes and complex laws continued to stifle their income. Mr. Moses promised his employees that if the tax laws were changed, they would share in the business tax savings through performance bonuses and salary increases. Thanks to tax reform, this promise has become a reality. Georgia Tire Company has seen an increase in take-home pay, and it plans to issue employee bonuses at the end of this fiscal year. There are so many family businesses like Georgia Tire Company that are truly the lifeblood of our communities. Before tax reform, these businesses were struggling to make ends meet and unable to provide their employees with well-earned benefits.

“Don’t just take my word for it. There are more than four million Americans who have already seen the positive impacts of tax reform, just like at this tire company. With Congress and the President working hand-in-hand, we have made great strides. I can’t tell you how happy I am to see our local businesses thriving in the new American economy, growing this economy, and giving all Americans the opportunity to have a good job. Mr. Speaker, I thank my fellow colleagues and President Trump for their support of comprehensive tax reform for all Americans.”


Rep. Barry Loudermilk:

“Mr. Speaker, I have often contemplated what transformed America from an enthusiastic ragtag rabble that had this idea of freedom into the strongest economy, the freest Nation, and the strongest military in the entire world? The reality of that is the freedom that this government and the rights that were given by God that we protect has given to the American people. When you think about the innovation that has come from America, innovation that has changed the face of the world, most of it came from here because of the freedom that we have.

“Now, if you go right down the road here to the Smithsonian’s Air and Space Museum, you will see a testament to that freedom in that building where two bicycle mechanics from Ohio were able to accomplish to what, for centuries, scientists and engineers couldn’t accomplish, because they had the freedom. We have taught our children in this Nation to dream big. In America, you can accomplish anything that you want to dream. But in the past couple of decades, we have squelched the dreams of these kids because, as we have put out the fire that we tell them they can have in America, we are quenching that fire with wet blankets of bureaucracy and obstacles.

“But I want to share with you a story from back home. It was a letter I received from a young man, a 14-year-old, thanking me for the tax reform bill, the Tax Cuts & Jobs Act, which put more money in the back pocket of his parents. You see, he had a dream. He dreamed of being a pilot. He wanted to be a pilot. But I can tell you, as a pilot myself, that is a difficult thing to accomplish. Not only is the training difficult, but it can be very expensive. But he wrote me this letter thanking me. Because of the bonus that his dad received from his company because of the corporate tax cut, and the money that they are going to save because of the individual tax cuts, his parents are using that money to ensure that he gets flight lessons at 14 years old. He is accomplishing a dream because we removed government out of the way. And one thing, quite frankly, is we need airline pilots.

“Up here, we start looking at what government programs we can put in or incentives to get people to fly, when all we have got to do is get out of the way and let our children, once again, dream big. That is all that we are doing, is getting us out of way. When you look at Georgia, the results have been astounding. Even Home Depot, which is headquartered in my district, is investing $50 million to train 20,000 tradespeople to fill the gap. With this closing, Mr. Speaker, let me bring up that the number of jobs that we have available in this Nation is about equivalent to the number of people we have unemployed. We need to continue to get out of the way.


Rep. Rob Woodall:

“Mr. Speaker, we talk about tax reform as if it is a line item somewhere. The truth is that it is a feeling. It is a collective sigh of relief that has gone on in every single congressional district represented here. We have all gotten those calls.

“I got one just the other day, Mr. Speaker, from a father whose adult daughter had fallen on hard times and has a tough time making the bills work. As someone who had been strapped for the last, six, seven, eight years, he was trying to figure out how he was going to help his daughter make the bill balance when he wound up with $1,000 bonus from one of our local employers. It came at exactly the right time to make a difference in his family’s life. It is that collective sigh of relief that better days are coming tomorrow than we had yesterday.

“I have heard it from the biggest companies in the district and I have heard it from the smallest companies in the district. The Home Depot is a proud Georgia company…We have got about seven stores in my district and a distribution facility in our district. Mr. Speaker, $1,000 bonuses from The Home Depot went not to their upper-level management employees, but to their rank-and-file, hourly employees at the store. That is real money in somebody’s pocket back home. Now, that’s just the kind of company that Home Depot is.

“…My friend from Georgia knows, UPS has a proud tradition. We won them over from Connecticut. Years ago, Oz Nelson made that decision. Folks in UPS brown, 1,700 employees in my district, are getting bonuses because UPS now has more money to go around. Now, all the money didn’t go into bonuses. Let’s be clear, it didn’t. UPS put $5 billion in their pension fund. Mr. Speaker, how many times have we talked about pension funds being underfunded in this country and wanting somebody to do something about it? UPS got some extra dollars and they put those dollars in the pension fund for their employees. They announced last month, Mr. Speaker, 14 additional 747 purchases.

“Now, Boeing is not headquartered in my district, but if you live in Washington state or you live in South Carolina, the news that 14 more planes are going to be purchased means something to those families, to those suppliers, to those subcontractors. Four new 767s being purchased as a result of extra money that wasn’t coming to the Federal Government that is, instead, being reinvested. My friend from Georgia said it best: companies are now, for the first time in a long time, making decisions based on what is best for them, for their customers, for their employees, and for their communities. Mr. Speaker, we can argue about what kind of public policy we should have, but can’t we agree that one where we are prioritizing people and communities first is one that we can all be proud of? I was pleased to support the bill. I am pleased to be down here with my friend from Georgia tonight talking about the impacts. I am grateful both to the Chair, Mr. Speaker, and to my friend from Georgia, for your leadership on this tax reform issue, for making it possible.”