U.S. Representative Jackie Walorski (R-Ind.) Wednesday spoke in support of H.R. 1, the Tax Cuts and Jobs Act, on the House floor. The House on Thursday will vote on the tax reform bill.
The full text of her remarks follow.
“I can’t tell you how grateful I am to cast a vote to move our tax code one step closer to its first overhaul in 31 years.
“We know the tax code is broken. The American people the tax code is broken. They’re reminded every time they look at their paycheck.
“The Tax Cuts and Jobs Act will deliver pro-growth tax reform to the families, farmers, manufacturers, and workers in my district.
“For families, we’re delivering tax cuts so that hardworking Hoosiers can keep more of their hard-earned money. We’re enhancing the Child Tax Credit, preserving the Adoption Tax Credit, encouraging retirement savings, and streamlining 15 different education tax incentives.
“We’re delivering a tax code so simple most Americans can file taxes on a postcard. In my district, 80 percent of filers already take the standard deduction. They will be able to keep even more of their money, because the standard deduction is doubled, and most itemizers will now be able save time, money, and stress by taking the double standard deduction instead. No one’s ever excited to file their taxes, but I’m all for a simpler, quicker process that makes it much more pain-free.
“H.R. 1 helps job creators grow. Small businesses get a lower rate and more simplicity. Family businesses passed down for generations won’t have to worry about the estate tax anymore. And America will be a more attractive place to do business. Our antiquated tax code keeps investment and jobs out. This bill incentivizes companies to bring profits back, to locate facilities here, and grow American jobs and raise wages.
“I was so proud to vote for this bill in the Ways and Means Committee, and I’m proud to be a part of this House that is delivering another crucial step towards tax cuts, simplicity, and fairness. I urge all of my colleagues to support this bill, and I yield back.”
For more information about the Tax Cuts and Jobs Act, visit walorski.house.gov/taxreform.
Walorski represents the 2nd Congressional District of Indiana, serving as a member of the House Ways and Means Committee.
