Vern Buchanan: “I also want to acknowledge our incredible chairman and his leadership over the last 7 years I have been here and working…”

“I also want to acknowledge our incredible chairman and his leadership over the last 7 years I have been here and working this plan forward. It is an exciting time for all of us. Mr. Speaker, I rise today in support of the Tax Cuts and Jobs Act, legislation to provide tax relief to middle class families and small- business owners across America. As a businessman for more than 30 years, I have had the opportunity to employ thousands of workers. I have seen firsthand how broken our tax system can be for many hardworking Americans. Under this bill, not only will the average family of four receive a tax cut, but small businesses will finally be taxed at a lower rate to help them expand and grow jobs in America. According to the nonpartisan Tax Foundation, this bill will create 1 million new jobs and grow the economy by 4 percent, a growth rate this country hasn't experienced since 2000. It is time to give all Americans a break in terms of their taxes. With passage of this bill, we will finally have the opportunity to help middle class families and get our economy back on track. I urge support for this critical bill to cut taxes and reform our tax system.”