Government

America Wins! Tax Cuts For All!

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Making America great again starts with reinvigorating the American worker and the economy. It starts with making it worthwhile again for Americans to establish and run businesses and to hire fellow Americans.

The crippling tax burdens on both individuals and businesses over the past decade had done enormous damage to our economy.

President Trump understands all this better than most politicians. That’s one of the biggest benefits to having a businessman in the White House.

That’s why last week’s passing of the Tax Cuts and Jobs Act by a vote of 51-49 in the Senate was so critical.

It was the last major hurdle to combining both that and the version of it passed recently by the House into a new tax law that puts money back in the pockets of American workers.

In its current form, the Senate bill would reduce taxes on all tax brackets, increase the standard tax deduction for both individuals and married couples and significantly increase the child tax credit.

In other words, we’ll all pay less taxes to begin with, be able to deduct even more from what we owe, and have greater incentive to have children.

It’s so wonderful to finally have a leader who understands the foundations that must be laid in order to move on to bigger and better things.

Source: Breitbart

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