Walter B. Jones: “the Republican tax fairness and deficit reduction proposal cuts taxes for everyone; individuals, families, and senior…”

“the Republican tax fairness and deficit reduction proposal cuts taxes for everyone; individuals, families, and senior citizens. Most importantly, the proposal provides relief for working families. Since 1988, the working family has had their median income plunge approximately $2,500 while receiving a 2.5-percent increase in taxes. Over 75 percent of our tax relief proposal will focus on restoring fairness to the middle class. The remaining 25 percent will go directly to deficit reduction. The cuts are designed to lend a helping hand to the middle-class working family, the $500 per child family tax credit, the tax credit for adoption expenses, and the tax credit for small businesses. Republicans are committed to reducing the burden of government on the working families.”