Political Quotes

On the recordMay 22, 2018
tax reform is working. The results of two surveys released last week show that tax reform is doing exactly what it is supposed to be doing for American workers. Our goal with tax reform was simple: make life better for American workers. So we took action to put more money into Americans' pockets right away. We cut tax rates across the board, nearly doubled the standard deduction, and doubled the child tax credit. Americans are already seeing this relief in their paychecks. We knew that tax cuts, as essential as they were, were not enough. In order to make life better for American workers, we also needed to make sure Americans had access to good jobs, good wages, and good opportunities, the kinds of jobs and opportunities that would set them up for security and prosperity in the long term. Since jobs and opportunities are created by businesses, that meant reforming our Tax Code to improve the playing field for businesses so that they could improve the playing field for workers, and that is what we did. I am proud to report that it is working. Last week, the National Association of Manufacturers released the results of its recent tax reform survey, and here is what the survey showed: 77 percent of manufacturers planned increased hiring as a result of tax reform, 72 percent planned to increase wages or benefits, and 86 percent report they plan to increase investments, which means new jobs and opportunities for workers.…
Said by
John Thune
Republican · South Dakota

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