GO Tax Plan Info

11/3/2017

FOR UPDATES ON TAX REFORM TIME LINE AND PROGRESS, PLEASE GO TO THIS LINK.  

GOP Tax Plan Would Revitalize US Economy, Give Significant Tax Relief Includes key take aways.  

House Republicans unveiled their plan to update the nation’s tax code on Thursday, 11/2/2017

If they are successful at passing the plan—known as the Tax Cuts and Jobs Act—it will mark the first time in more than three decades that Americans will have a chance to experience the benefits of comprehensive, pro-growth tax reform.

Tax reform should provide relief to all Americans, and ultimately help the economy break out of its stagnant economic growth. To achieve this, tax reform should simplify the current tax code, lower tax rates on individuals and businesses, and update the business tax system to make the U.S. competitive again and remove barriers to investment and job creation.

A plan that does this has the potential to unleash higher wages, create more jobs, and spread untold opportunity through a larger and more dynamic economy.

Read more here.

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11/2/2017 From GOP

Tax Cuts and Jobs Act https://fairandsimple.gop/

The Bill

The Summary

FAQs

Policy Highlights

What it means for you. 

 

What You Need To Know About The GOP Tax Plan.  Key Take Aways 

 

24 House Republicans From Blue States Resist Pressure to Embrace Costly Tax Deduction.  

and more  ...   This Tax Deduction Forces Americans to Subsidize High-Tax States