Political Quotes

“I thank Congressman Mitchell for yielding. Illinois is a high-tax State. We have seen Illinois State taxes continue to go up, so it is a welcome relief that Congress has brought Federal tax relief to the people of Illinois, and especially I am grateful for the residents of the 14th Congressional District, the suburbs of Chicago, who are seeing great relief and especially the benefits that come to small businesses, truly the energy and the engine behind Illinois' economy. They are going to receive immediate benefits from a reduced tax burden and more flexible accounting rules. I am also pleased that the final version of the legislation included this portion of my bill, which was to lower taxes on Illinois' largest employers, which is small businesses, and it is called the Bring Small Businesses Back Tax Reform Act. Further, the Tax Cuts and Jobs Act reduced corporate tax rates to 21 percent and includes provisions to deter U.S. companies from moving their headquarters and investments abroad and encouraging them to bring income and jobs back home again. Again, this is welcome news for Illinois residents. Numerous companies who employ residents of the 14th Congressional District have announced new investments and new hiring and giving more money to their employees, wages, bonuses, trainings, and more. Just a sampling of these are: AbbVie, American Community Bank, First Midwest Bank, EMKAY, Boeing, U.S.…”