U.S. Rep. McSally Votes for Final Passage of Tax Cuts and Jobs Act
WASHINGTON, DC— U.S. Representative Martha McSally today released the following statement on House passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act:
“Congress voted today to put our economy in afterburner. The status quo is not putting American families first. Right now lobbyists get loopholes, special interests get handouts—and families get penalized.
Today’s landmark legislation lowers taxes across the board, increases the standard deduction, and doubles the child tax credit for hard-working Arizona families so they can save and plan. Job creators will be able to invest more of their own money into hiring more people and rewarding their employees. This bill also preserves the Child and Dependent Care Tax Credit which I fought for in order to protect those facing costly child care. All told, a typical family of four earning $73,000 should see a $2,059 tax cut next year.
This bill also includes a provision that I dedicate to the memory of Loren Thorson, a veteran from Green Valley who was committed to protecting seniors from hidden tax hikes threatening their lifelong savings. It was Loren who alerted me to a little known but widely felt tax increase in Obamacare, and the need to extend the Medical Expense Deduction and shield seniors from even more taxes on their medical bills. In response, I introduced the Halt Tax Increases on Seniors and the Middle Class Act to extend the medical expense deduction and worked to include it in these tax cuts today. I wish Loren were still with us today to see how his tireless work will now impact the lives of every American family facing medical expenses.
It’s time we respect Arizonans time and return their money. When we last reformed the tax system—over 30 years ago—it unleashed an explosion of growth and jobs in America. Let’s do it again.”
To read Congresswoman McSally’s op-ed fully outlining her support for the Tax Cuts and Jobs Act, CLICK HERE.
Rep. McSally with Loren Thorson when she presented him with a Congressional Record honoring him for his role in shaping the Halt Tax Increases on Seniors and the Middle Class Act.
To read her op ed in the Green Valley news on the importance of the medical expense deduction in Arizona, CLICK HERE.