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Local reps. discuss house passage of tax bill

collins on tax cut

 

Collins Statement on House Passage of Tax Cuts and Jobs Act

WASHINGTON—The House of Representatives today passed the Tax Cuts and Jobs Act. Rep. Doug Collins (R-Ga.), Vice Chair of the House Republican Conference, issued the following statement in response:

Read rest of Collins statement and see statement from Tom Graves below.

“This afternoon, the People’s House reaffirmed its confidence in American workers and families by passing comprehensive tax reform. The last three decades empowered the IRS to dig its tentacles deeper into the wallets of our neighbors, and we acted to reverse that trend today.

"Middle-class Americans and job creators deserve relief from burdensome taxes and the opportunity to pursue more of their ambitions on their terms. The Tax Cuts and Jobs Act can deliver on both fronts on behalf of our nation’s families and future.”

 

 

Rep. Graves, House Pass Historic Tax Cuts and Jobs Bill
Plan will Put More Money in the Pockets of Hard-Working Families

Washington, D.C. – Rep. Tom Graves’ (R-GA-14) today voted for and the House passed the Tax Cuts and Jobs Act (H.R. 1), legislation to cut taxes for families and businesses and create more American jobs. After the vote, Rep. Graves issues the following statement:  

“One reason the American people elected President Trump and a Republican Congress is to cut taxes and help businesses create more American jobs. Our bill throws out the old system and creates a simpler, flatter and fairer tax code.

“It will put more money in the pockets of hard-working Georgia families and make the annual tax filing process a lot easier. In fact, the House Ways and Means Committee predicts the typical family could file their taxes on a form the size of a postcard.  

“Additionally, the bill promotes economic growth and private-sector job creation by slashing the corporate tax rate – currently the highest in the developed world – and cutting tax rates for small business income to the lowest levels since World War II. 

“Our bill delivers relief for families and businesses, unleashes economic growth and private-sector job creation, and fulfills President Trump’s promise to the American people. I urge the Senate to act quickly so we can send a final tax reform bill to the president as soon as possible.”

 

The bill’s highlights include:

  • Reducing the number of tax brackets from seven to four

  • Nearly doubling the standard deduction from $6,350 to $12,000 for individuals and $12,700 to $24,000 for married couples

·         Simplifying the tax code so most families can file their taxes on a form the size a postcard

  • Increasing the Child Tax Credit from $1,000 to $1,600

  • Modernizing the popular 529 educational savings benefit so  it can be used for K-12 education expenses in addition to expenses related to higher education

  • Providing a new $300 tax credit for each parent and non-child dependent

  • Lowering the corporate tax rate from 35 percent to 20 percent

  • Reducing the tax rate for small businesses to a maximum of 25  percent

Click HERE to read the complete plan and explore the specifics. 

Comments   

Bobby elrod
+2 #1 Bobby elrod 2017-11-19 13:03
What happened in 5 years when tax rate go up.
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Greedy GOP Shilling
-4 #2 Greedy GOP Shilling 2017-11-19 18:42
Thanks to these two for being willing to grossly misrepresent the benefit of the GOP's corporate tax giveaway. Though their bill enriches stockholders and the very most wealthy in the country the most, Preacher Collins and Gambling promoter Graves both get to promote the tax giveaway as if it helps working people.

In Jasper and Pickens, folks are dumb enough to believe it. They would take these lobbyist-contro lled hack's press release claims over any non-partisan review such as the Congressional Budget office, which says the middle class will be hit the worst, and taxes will go up for even those with incomes below the poverty line. Fact, not GOP false claims. The Progress prints their hype as if it were fact.

Do these GOP seek to weaken the USA? And change their minds on increasing the deficit? With this plan, America's deficit goes up the most of any budget and tax plan ever, once again proving the GOP doesn't care about our children or our nation's future. When did that no longer matter.

No surprise here. These tow support that vulgarian and Russian hack, Donald Trump. Maybe Pickens deserves getting crippled by their for-the-rich-fi rst policies.
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Robert
-2 #3 Robert 2017-11-20 16:22
How can OUR elected politicians lie so easily to our faces. Years of practice! Sink the tax proposal and work together to get tax payers making $50K and less a real fair deal!
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Christian Citizen
-2 #4 Christian Citizen 2017-11-20 16:25
Couldn't the Progess publish something besides both these GOP boys press releases--like some independent analysis?

What, don't want your readers to know how bad the GOP is stiffing them with this fake tax cut for them? (it's for teh richest. At the expense of Medicare.

Try Forbes--it's a business publication, if it's not heard of in Jasper, even pro-business. But even Forbes says: "The GOP tax cut will be the start of a decades-long economic disaster unlike any other that has occurred in US history. " Sounds like our GOP boys.

And, "The GOP tax bill's insanity is compounded by it not having any idea of the harm it will actually do to the economy." YEp, that's Collins and Graves.Trump supporters, so you know they don't have standards that are good for America.

So just what are you pulling for here, Russia or China? Certainly not Pickens County citizens. They aren't the 1% rich who get the gains. The needy and workers get stiffed.
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real america
+3 #5 real america 2017-11-20 17:27
These arguments make no sense. See that Sen. Franken guy groped that girl so the liberals are all stupid.
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Save our Non Profits
-4 #6 Save our Non Profits 2017-11-21 15:26
Trump and his minions like Collins and Grave have a tax bill that cuts tax deductions for non-profits.

I'm sure they hate family planning groups and environmental groups and legal aid societies or any organization that helps the poor or children or anyone of color, but this is a dreadful idea. Scottish Rite is a non-profit. Most medical research is funded by non-profits. Most Meals on Wheels are operated by non-profits. Jasper's Samaritans...

Most donations are small ones, by working people--as working people care--we know these politicians don't. Donors need the tax deduction. This GOP plan will greatly harm our society, for years to come. Who is it helping? Offsetting the loss of revenue--tax cut for the rich--and helping Russia by making the USA weaker in one stroke. Clever. And heartless.
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Trump Enablers
-2 #7 Trump Enablers 2017-11-27 10:18
Seems the Russians and Chinese and America's richest--who control Collins and Graves--sure want a tx plan to make the rich get richer.

The Congressional Budget Office says this untax-the-riche st plan will put the hurt on the working middle class and the poorest among us. Just what Trump and those who could care less for Amercian principles want.

It's a shame that most everyone in Pickens loses, but their ignorance prevails--they seem to be with the hate-mongering lying unqualified con man in the White House. Look at the poor quality of Congressmen you elect. Stand for Americans, instead of thinking you'll be a millionaire bigot yourself someday. Not likely.
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