Byrne Urges House to Pass Tax Cuts and Jobs Act
Congressman Bradley Byrne this morning delivered a speech in support of the Tax Cuts and Jobs Act, the first major reform of our nation’s tax code since 1986.
The House is expected to vote on the final tax reform package later this afternoon. Click here to read more about the Tax Cuts and Jobs Act.
The full transcript of Congressman Byrne’s remarks can be found below.
Congressman Byrne said: “I thank the Chairman for yielding and for his continued leadership.
“We are on the cusp of something truly historic that will make life better for millions of people across the United States. By reforming the tax code, we will be able to put more money in people’s pockets and create a fairer and simpler system.
“Under the current tax code, well off individuals and big businesses can hire lobbyists and lawyers to help them find loopholes and special-interest giveaways all at the expense of working Americans.
“With our plan, the tax code will be simplified, loopholes will be closed, and the playing field will be leveled.
“I want to make one thing clear: if you are looking for a tax plan that benefits the elite, the well-connected, and the 1% then you need to look at the current tax code.
“Mr. Speaker, my colleagues on the other side of the aisle are going to great lengths to defend the current tax code that truly benefits the 1%.
“For example, the Democratic Leader has called the Tax Cuts and Jobs Act ‘the end of the world.’
“So, apparently giving the hardworking people in this country a tax cut is somehow ‘Armageddon.’
“Listen: let’s stop with all the doomsday political rhetoric, cut to the chase, and say what this bill really does:
“It cuts taxes on hardworking Americans and allows them to keep more money in their pockets.
“It supports American families by increasing the child tax credit and doubling the standard deduction.
“It grows the American economy by making the corporate tax code actually competitive with other industrialized countries.
“It benefits Main Street businesses in Alabama and across the country with a new 20% tax deduction for pass-through income.
“It will lead to greater economic growth, higher wages, and more jobs, which is exactly what the American people sent President Trump and the Republican Congress to Washington to do.
“So, let’s save the political hyperbole for another day, let’s pass the Tax Cuts and Jobs Act, and let’s give the American people a real Christmas present and put more money in their pockets.”