Reichert, House Pass Tax Bill That Will Help Families, Energize Our Country, and Get Our Economy Booming Again

Nov 16, 2017 Issues: Economy and Jobs, Tax Policy

Washington, DC – This afternoon, Rep. Reichert and his colleagues in the House of Representatives passed H.R. 1, the Tax Cuts and Jobs Act.

“Today, we passed more than a tax bill. We passed a bill to allow families across Washington keep more of their hard-earned money and to give businesses the chance to grow and hire more workers. We are providing more opportunities for the apple grower in Wenatchee, the tech entrepreneur in Issaquah, and the growing family in Maple Valley. They all deserve a tax code that works for them. A tax code that is simpler and fairer,” Rep. Reichert said.

“Throughout this process, I have held every proposed idea to the standard of will this plan create jobs in America, increase paychecks, and put more money in the pockets of hard-working Americans. I am proud to say, this plan meets this high-standard and as a result it will change lives, energize our country, and get our economy booming again.”

Under this plan, a median income family of 4 in Washington’s Eighth District, will be receiving a $3,654 tax cut. And in Washington State as a whole, the Tax Foundation has found that 19,968 new full-time jobs will be created.

To see Rep. Reichert’s floor speech on H.R. 1 click here.