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The U.S. Chamber is keeping a close watch on 2017’s most popular order – pro-growth tax reform. What’s the latest status on our delivery?
On Thursday, the House Ways and Means Committee voted to pass their bill, the Tax Cuts and Jobs Act, out of committee. Their recipe of lower rates for families and businesses and a simplified tax code are just what taxpayers ordered.
As U.S. Chamber of Commerce Senior Vice President and Chief Policy Officer Neil Bradley said upon the committee’s vote:
The tax reform legislation reported out of the Ways and Means Committee today is a growth bill – achieving faster economic growth, encouraging job creation, and getting more money in Americans’ pockets each year.
On the other side of the Capitol, Senate Republicans unveiled their own set of pro-growth ingredients for a tax reform plan to benefit all Americans. As we said before, not everyone will love all of the details in this plan – but we urge everyone to stay at the table. The U.S. Chamber is staying the course because American workers, families, and job creators depend on it.
It looks like pro-growth tax reform is on track for 2017. Americans can’t wait another 31 years for this opportunity.