On the recordApril 17, 2018
Mr. President, I rise today on tax day to recognize this as the very last time Americans will have to file their taxes under the complicated, burdensome, outdated system of the past. Today, we officially kick off a new tax code--one that is simpler, fairer, and allows hard-working Americans to keep more of their hard-earned money. Since we passed the Tax Cuts and Jobs Act last December, success stories have poured into my office from Indiana businesses that are paying their workers more and from constituents who are earning more. Tax reform has provided needed relief across Indiana and across the entire country. To date, we have found scores of companies in my home State of Indiana that have invested in their employees, invested in capital improvements, or lowered energy rates for consumers. They range in size from large companies, such as Walmart and AT&T, to smaller Indiana businesses, such as Family Express, which has 70 convenience stores across the State and is building 10 more and increasing its starting wage. ``We feel obligated to pass on a significant portion of the tax savings to our staff,'' said Family Express president and CEO Gus Olympidis. My guest to this year's State of the Union Address was another beneficiary of this historic tax overhaul. Chelsee Hatfield is a young mother of three children and a teller at a rural branch of First Farmers Bank & Trust in Tipton, IN. Chelsee received a raise and a bonus as a result of this tax reform effort.…
Source
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