Tax Reform: Framework is Pro-America
Washington, D.C. – Today, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released the unified framework for fixing the tax code, last updated by President Ronald Reagan in 1986. The framework will deliver a modern code built for growth, supporting middle-class families, protecting jobs and delivering fiscally responsible tax reform to spur the economy. Congressman Diane Black (R-TN-06) released the following statement:
“This is a truly historic opportunity for our country. The current tax system – last updated 30 years ago – forces taxpayers to pay astronomical rates and fill out complicated, unnecessary forms. Americans deserve better. Our goal from the beginning was to create a simpler, fairer and flatter system, and I believe we have done just that. This framework lowers taxes so Americans can keep more of their paychecks and families can spend less time filing papers. It will allow our own families in Tennessee to plan for the future with certainty that their hard-earned money will stay in their pockets.
As a unified government, we worked with President Trump and the Senate to craft a framework benefitting every income level, especially the middle class. Our reform also delivers the lowest tax rates in modern history for businesses so job creators can provide bigger paychecks to their employees and incentivize hard work. By simplifying the system and getting the government out of the way of our free-market economy, America is made more competitive on an international scale and the potential for unprecedented job creation is unleashed. We believe this will be a catalyst for more jobs, bigger paychecks and fairer taxes – this framework is pro-America. Plain and simple.”
Visit www.fairandsimple.gop for more information.
Congressman Diane Black represents Tennessee’s 6th Congressional District. A nurse for more than 40 years, she serves as Chairman of the House Budget Committee and a member of the Ways and Means Committee.