Political Quotes

On the recordNovember 15, 2017
I thank the chairman of the Rules Committee, my friend, for yielding. Mr. Speaker, I rise today in strong support of this rule as well as the underlying legislation, H.R. 1, the Tax Cuts and Jobs Act. This legislation demonstrates a commitment to my constituents and all of the American people to provide relief. Our current Tax Code contains over 70,000 pages of rules and provisions. Within these pages are hundreds of loopholes and carve-outs that only special interests can fully understand and access. At the very core of this legislation is a matter of fairness. By passing this rule and supporting the Tax Cuts and Jobs Act, we will be making a profound reform of our Tax Code toward a system that is simpler, flatter, and fairer to American families across the country. According to analysis by the Tax Foundation, which is an independent, nonpartisan tax policy nonprofit, this legislation would stimulate GDP growth up to 4 percent and provide more than 3 percent of a wage increase. In my home State of Washington, it is projected that almost 22,000 new jobs will be created and a middle class family in my State is projected to gain over $3,000 in after-tax income, should this bill be signed into law. This means real and significant economic growth, with tens of thousands of new jobs in my State alone, and more money staying in the pocket of central Washingtonians. Mr.…
Said by
Dan Newhouse
Republican · Washington
Source
govinfo.gov
Nov 15, 2017

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