Political Quotes

On the recordApril 24, 2018
I thank Congressman Wilson for leading the Special Order on the Tax Cuts and Jobs Act. I will agree with him; the Lord has blessed me with living in one of the most beautiful places in the world, the Fifth District of North Carolina. I am very, very grateful for it. Last week, tax day was, for once, an occasion to celebrate because this was the last time Americans filed under the broken 32-year-old Tax Code. Next tax season, they will file under the Tax Cuts and Jobs Act passed by this Congress last December. Across the Fifth District of North Carolina, the Tax Cuts and Jobs Act has already relieved North Carolinians who are cashing bigger paychecks and benefiting from the country's lowest unemployment rate since 2000. According to the Bureau of Labor Statistics, North Carolina added 9,000 jobs this February alone. And thanks to lower rates for individuals and small businesses under the new code, North Carolinians are keeping more of their hard-earned money. And as Congressman Wilson points out, it is their money, not the government's money. This year, married couples in the Fifth District who take the new standard deduction could receive a tax cut to the tune of $1,834. For the over 52,000 taxpayers of the Fifth District who have small business income, these tax savings are not crumbs, as my colleagues on the other side of the aisle falsely assert.…
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Virginia Foxx
Republican · North Carolina

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