Lowering Taxes
The bottom line is that you know how to spend your money better than the government. I helped pass the Tax Cuts and Jobs Act of 2017, the largest overhaul of America's broken tax code in history, to jumpstart our economy and give people more money in their pockets. Moving forward, I am fighting to make these tax cuts permanent so that our families and workers have certainty for the future. Some of my work to lower your taxes includes:
- Helped pass the Tax Cuts and Jobs Act, which was the largest tax reform in decades. This legislation included interest deductibility from my Jump Start America Act.
- Repeatedly co-led and fought for the Death Tax Repeal Act: H.R.2429, H.R.173, H.R.1105, H.R.198, H.R. 218, H.R.1712, and H.R. 7035.
- Voted to support the Tax Relief for American Families and Workers Act (H.R. 7024) that passed the House, which restores research and development expensing, includes interest deductibility, and reins in pandemic spending and fraud.
- Cosponsored H.R. 4721, the Main Street Tax Certainty Act, which would make permanent the small business deduction, ensuring our economy continues to grow and allow Main Street to keep supporting good-paying jobs.
- Cosponsored H.J.Res.103, that disapproves of the Biden Administration’s definition changes to the Davis-Bacon Act, as these changes would increase costs of federal construction projects, ultimately stifling job creation and discouraging competition in the bidding process.
Cosponsored the Middle Class Savings Act (H.R. 6179) which lowers the capital gains tax brackets to reflect the new rate of income tax from the Tax Cuts and Jobs Act.
Supported the Craft Beverage Modernization and Tax Reform Act of 2019 (H.R. 1175), which reduces excise tax rates on beer and distilled spirits, and led a letter with over 130 other members of Congress urging this to be considered on the House floor.
Cosponsored the Protect Medical Innovation Act of 2019 (H.R.2207) which repeals the excise tax on the sale of medical devices.
Introduced the Bring Jobs Back to America Act (H.R. 3083) encourages corporations to bring jobs back to the United States by reducing the tax rate on foreign earnings if those earnings are reinvested in America.
Introduced the Incentivize Corporate America Act (H.R. 2946) which implements a flat tax rate on corporate taxable income.
Cosponsored the Middle-Class Health Benefits Tax Repeal (H.R. 748) which repeals the excise tax on employer-sponsored health care coverage.