House passes final version of tax reform bill
WASHINGTON- The U.S. House of Representatives passed the conference report of H.R. 1, the tax reform bill, by a vote of 224 to 201. The Senate has also passed the conference report that will now be sent to the President for signature. “The bill is a great step forward for our economy and our country. It is time that we let hardworking Americans keep more of the money they earn,” Thornberry said. “The bill is not perfect. I am disappointed that the Death Tax is not completely abolished and that the end product is not as simple as I would like or had hoped. But this tax reform bill is our chance to lower taxes, boost the economy, and bring jobs back to America.” Highlights:
Thornberry also said, “This tax bill means that families will benefit from a healthier economy, from more jobs, and from a high quality of life created by putting Americans on a more level playing field with our foreign competitors.” To read the full bill click here. |
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Source: http://thornberry.house.gov/news/documentsingle.aspx?DocumentID=398312
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