Goodlatte statement on tax cuts and jobs act

WASHINGTON, D.C. – Congressman Bob Goodlatte (R-Va.) released the following statement on the introduction of the Tax Cuts and Jobs Act (H.R. 1) in the U.S. House of Representatives:

“Cutting taxes goes hand in hand with job creation and economic growth. After many months of work and discussion, I am encouraged by the introduction of the Tax Cuts and Jobs Act. At its very core this bill is about tax relief for American families. It nearly doubles the standard deduction to protect more of your hard-earned money, and lowers individual tax rates for low and middle income Americans. The Tax Cuts and Jobs Act will also help to bolster the growth of businesses of all sizes in the United States, and keep jobs in our communities instead of being shipped overseas. As the Ways and Means Committee prepares to consider this bill next week, I will carefully examine the details of the plan and how they will impact the Sixth District. I’ve advocated for common sense tax reform throughout my time in Congress, and I am pleased to see this effort move forward to deliver the tax relief folks in Virginia and across the country need. Let’s get down to business.”

For more information about the Tax Cuts and Jobs Act, visit fairandsimple.gop. To review the policy highlights of this bill, click here.