On the recordNovember 16, 2017
The Tax Cuts and Jobs Act will increase paychecks for hardworking Montanans, create Montana jobs, and unleash economic growth. In fact, analysis from the nonpartisan Tax Foundation finds the bill will create nearly 2,900 Montana jobs and will increase income for median Montana households by $2,200. Hardworking Montanans will see a big tax break by cutting their rates and by doubling the standard deduction. Montana families will benefit from an increased child tax credit. Today, only about one in four Montanans itemize their deductions-- filling out stacks of paperwork for hours after saving piles of receipts. With tax reform, those days are over. Under the new plan, nine out of ten Americans won't have to itemize to see their full tax benefit, and they will file their taxes on something like a postcard. I am proud to vote for tax reform that will create thousands of Montana jobs, ensure hardworking Montanans keep more of what they earn, and help small businesses. ____________________
Source
govinfo.gov




