On the recordApril 17, 2018
Mr. President, first of all, happy tax day--three words that probably don't usually go together. I will share that anyway because the reason I am up here is that for the first time in more than three decades, Congress overhauled our Tax Code, and that is what distinguishes this tax day from the ones that came before it. This is the last time Nevadans will file their taxes under the broken system of the past. You don't have to look too far to see the positive impacts of our new tax laws. They are already having an impact on the people of my home State of Nevada. Nevadans and Americans throughout the country have already benefited from keeping more of their hard-earned money. In fact, more than 1 million Nevadans saw their paychecks get bigger last month because we doubled the standard deduction and we doubled the child tax credit. Taxpayers in every income category received a tax cut under this bill. Furthermore, since President Trump signed the Tax Cuts and Jobs Act into law just a few months ago, more than 500 companies throughout the country have committed to giving their workers bonuses, pay raises, and enhanced benefits as a direct result of tax reform. Let me share a few of those in my home State. About 11,000 Nevadans got a raise. Roughly 13,000 Nevadans received special bonuses of up to $2,000. Up to 25,000 Nevadans may benefit from college tuition assistance, increased pension funding, expanded maternity and paternal leave, and more paid holidays.…





