Goodlatte Votes to Deliver Tax Relief to Virginia Families
Historic Tax Reform Clears House of Representatives
Congressman Bob Goodlatte (R-Va.) released a statement today after voting in support of the Tax Cuts and Jobs Act (H.R. 1) in the U.S. House of Representatives:
“More jobs, lower and fairer taxes, and bigger paychecks – these are the goals of tax reform. The Tax Cuts and Jobs Act is the pro-growth tax reform America needs. By creating a simpler, fairer tax system, the reforms in this bill will help put more money in the pockets of families and encourage businesses to grow and create jobs in the United States. It’s estimated that the Tax Cuts and Jobs Act will lead to the creation of nearly 25,000 new jobs in Virginia and increase income for middle-income families by more than $2,500. This bill also lowers individual tax rates for low and middle-income families, expands the Child Tax Credit, closes loopholes, and reduces the tax rate on small businesses to the lowest levels since World War II.
"America’s current tax code is stuck in the past. It’s holding back our economy. That’s why Congress must take this opportunity to enact common sense tax reform and create a tax system that works for taxpayers. Now, it’s the Senate’s turn to do their part to deliver tax relief to families across the country. I urge the Senate to keep the positive momentum going and get this bill to the President’s desk.”
For more information about the Tax Cuts and Jobs Act, visit fairandsimple.gop.