Political Quotes

On the recordApril 24, 2018
Mr. Speaker, today I rise to dispute the absurdity that the Tax Cuts and Jobs Act benefits only the wealthy, leaving nothing but crumbs for the rest. As someone who started contributing to my family's household income at age 12, I am all too familiar with the many struggles of our country's working and middle classes. Despite their steady perseverance in the face of politicians whose fiscal philosophy was ``government knows best,'' the working poor and middle class have been chewed up by the system that same philosophy promulgated. Republicans' Tax Cuts and Jobs Act delivers a modern Tax Code that is fiscally responsible, levels the playing field, and supports working- class Americans. Republicans understand that progrowth tax reform means simpler and fairer taxes that provide much-needed relief to the middle class and our small businesses. It also means security for American jobs, more take-home pay for the workforce, and a level playing field for Americans' farms and businesses. By doubling the standard deduction, the Tax Cuts and Jobs Act will move more low-income Americans into the zero tax bracket. For married couples filing jointly, this translates to $24,000 yearly that is free--free--from Federal taxes. This also means that working-class Americans will be able to take home more of their hard-earned paychecks. Currently, over 70 percent of the people in the United States already take the standard deduction.…
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Virginia Foxx
Republican · North Carolina

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