Political Quotes

On the recordApril 24, 2018
I want to thank the gentleman for his citation about UPS. I have had the same honor to put on the brown uniform to deliver packages. I found out something: the UPS employees--also FedEx, DHL, and others--are remarkable people delivering American-made products to the American people. What wonderful companies these are, and what wonderful employees they are. Now I would like to go over some of the specific positive changes to our Tax Code that occurred under the Tax Cuts and Jobs Act. An average middle class family in South Carolina will save $2,311 thanks to the tax cuts. The child tax credit was doubled. I want to give a lot of credit because the reason it was doubled was the great work of our U.S. Senator Tim Scott, working with Ivanka Trump Kushner. This was their effort to work to make this child friendly, family friendly, looking out particularly for persons who are single-parent households. The child tax credit was doubled, from $1,000 to $2,000, making it easier for single mothers and new families to provide for their children. The bill also removed the mandate that required you to buy healthcare or pay a penalty. So now people aren't penalized by the government for not being able to afford healthcare and health insurance. The standard deduction doubled to $24,000 for married couples filing jointly. This makes it simpler for couples to file their taxes because they will use the standard deduction and won't have to itemize their return.…
Said by
Joe Wilson
Republican · South Carolina
Source
govinfo.gov
Apr 24, 2018

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