House Republicans are Cutting Taxes for Working Families, Farmers and Small Businesses
Legislation Will “Restore Economic Prosperity for Every American”
WASHINGTON — Today, Congressman Vern Buchanan, Vice Chairman of the House Ways and Means Committee, released the following statement after the House Ways and Means Committee publicized its tax legislation as part of President Trump’s “One Big, Beautiful Bill” to make the 2017 Tax Cuts and Jobs Act permanent and cut taxes for working families, farmers and small businesses:
“This tax package is a direct response to what the American people demanded at the ballot box: lower taxes, more freedom and an economy that works for them. While Democrats push for the largest tax hike in American history, House Republicans are delivering real relief for all Americans by raising the standard deduction, introducing an enhanced deduction for seniors and expanding the child tax credit. We’re also fulfilling our promise to cut taxes on tips—a policy I fought for with my No Tax on Tips Act.
“We’re reviving American manufacturing by rewarding companies that build and hire right here in the United States instead of shipping jobs overseas. By expanding access to Health Savings Accounts, we’re investing in the health of families and workers. This is a pro-growth, pro-family, America First bill that prioritizes Main Street over Wall Street. I’m proud to stand with President Trump and my colleagues on the Ways and Means Committee to restore economic prosperity for every American.”
