Political Quotes

“Mr. President, tax reform is working. The Tax Cuts and Jobs Act has been the law of the land for just 2 months, but it is already helping American workers. When it came time to draft tax reform legislation, we had one objective, and that was to make hard-working Americans' lives better. To accomplish that, we focused on two important priorities. First, we focused on immediately increasing Americans' take-home pay. We lowered tax rates across the board, we nearly doubled the standard deduction, and we doubled the child tax credit. All of those provisions went into effect on January 1, and by the end of this month, according to the IRS, 90 percent of the American people should see lower paychecks. While immediate relief for hard-working Americans was crucial, we wanted more than that. We wanted to give the American people access to the kinds of jobs and the kinds of wages and opportunities that would set them up for long-term security. We wanted to give them the kinds of jobs and wages where they wouldn't be forced to choose between sending their kids to college and saving for a secure retirement or between paying the mortgage or medical bills. So in addition to lowering the tax burden on Americans directly, we set about improving the playing field for American businesses so that we could make things better for American workers. Needless to say, in order for American workers to thrive, the American economy has to thrive, and that means that American businesses have to thrive.…”