Political Quotes

On the recordNovember 15, 2017
Those of us in Washington are really good at talking in big general statements that don't mean much to the average American. I want to tell you what the Tax Cuts and Jobs Act will actually do for the families I represent back in southwest Alabama. According to data from the IRS, almost three-fourths of the tax filers in my district claimed the standard deduction instead of itemizing. Well, under our plan, the standard deduction will be doubled. Just consider the medium family of four in southwest Alabama. That family earns a little over $77,000 a year. If that family takes the standard deduction, as most do, they will see a tax cut of $1,739 a year. That comes out to almost an extra $150 a month. Now, that may not sound like real money in Washington, but for families in Bay Minette or Citronelle or Monroeville, that is important. That is extra money for a car payment. That is additional savings for a child's college. That is money to help pay for home repairs. That is real money. When you add in the fact that we are fixing our corporate and business Tax Code to make it fairer and simpler, then we can truly make America boom again. President Trump has called it the ``middle class miracle.'' By making our Tax Code more competitive, we can unleash our full economic potential, bring jobs back to America, raise wages, and ultimately get more money in the pockets of working Americans. Mr.…
Said by
Bradley Byrne
Alabama
Source
govinfo.gov
Nov 15, 2017

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