Political Quotes

On the recordApril 17, 2018
today is the last tax day under the old, awful, and broken tax system that the American people have had to put up with for decades. Under the tax relief law that Republicans passed in this body in December--it was signed by President Trump and passed the House, as well--we now a have a simpler and fairer system and, so importantly, one that is much less expensive for American families. One big thing we did in the tax law was to double the standard deduction that people can take. This is what it means. This one change alone, all by itself, means that 95 percent of taxpayers will be taking the standard deduction from now on. It means people will not have to waste a lot of time wading through paperwork and boxes of receipts. People will not have to spend hours chasing after little itemized deductions, as they have done year after year on tax day. They will not just be crossing their fingers, hoping they are doing everything right, hoping they don't overpay, and hoping they don't run afoul of the law by not paying the amount that is required by law. It is going to be much simpler and much fairer. When I thought of all of the things we have been working on with tax relief, tax reform, tax reductions, to me, it can be summed up in just two words: simpler and lower. Taxes needed to be lower, and they needed to be simpler. So what we are seeing now is both simpler and lower taxes. That is a big change that people are going to notice.…
Said by
John Barrasso
Republican · Wyoming
Source
govinfo.gov
Apr 17, 2018

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