{"database": "press", "table": "releases", "rows": [["https://roskam.house.gov/media-center/press-releases/icymi-roskam-tax-reform-either-get-done-or-it-will-be-lost-opportunity", "ICYMI  Roskam on tax reform: 'Either get this done' or it 'will be the lost opportunity of a lifetime'", "2017-11-15", "2017", "2017-11", "Republican", "House", "IL", "Peter Roskam", "R000580", "roskam.house.gov", null, null, "legacy", "Roskam on tax reform: 'Either get this done' or it 'will be the lost opportunity of a lifetime'  By: Katherine Skiba\n\tChicago Tribune\n November 15, 2017 \nRepublican U.S. Rep.\u00a0Peter Roskam\u00a0said on Tuesday that he has so much faith in his party\u2019s proposed tax overhaul that he\u2019ll be campaigning on the issue leading up to the 2018 midterm elections in less than a year.\n\u201cI plan on running on tax reform,\u201d he said, calling the current tax code \u201ccompletely indefensible.\u201d\nThe six-term lawmaker from Wheaton said\u00a0the House\u00a0is likely to pass the\u00a0GOP-authored tax plan on Thursday and predicted a House-Senate\u00a0compromise is \u201cvery likely\u201d to reach President\u00a0Donald Trump\u2019s desk by year-end. Roskam sits on the tax-writing Ways and Means Committee and chairs the panel\u2019s Tax Policy Subcommittee. He said the House bill was \u201cvery much a group effort\u201d and takes no credit for any particular part of the measure.\nRoskam represents the 6th Congressional District in the western and northwestern suburbs and was the only Illinois House Republican in 2016 to win in a congressional district also won by Hillary Clinton. That dynamic has led several Democrats to\u00a0launch campaigns to try to oust him next year, and a number of rivals are challenging him on the rewrite of the tax code, the first since 1986.\nThe House bill caps the tax deduction for state and local property taxes at $10,000 and ends the deduction for state and local income taxes and sales taxes \u2014 a potential headache for some taxpayers in Illinois.\nRoskam, though, said in an interview that Republicans have a \u201conce-in-a-generation opportunity\u201d to make the U.S. a place where more businesses want to invest. He said the measure\u2019s sharp cuts to corporate tax rates would trigger investment, economic expansion and higher wages.\n\u201cWe\u2019ll either get this done,\u201d he said, \u201cor this will be the lost opportunity of a lifetime.\u201d\nRoskam plays down analyses that suggest the legislation would disproportionately help the wealthy and corporations. The 6th District is one where the 2016 estimated median household income was $97,387, or 69 percent higher than the national median of $57,617 at the time, Census Bureau figures show.\nRoskam said he can\u2019t guarantee that every taxpayer will see his or her tax burden reduced \u201cgiven every single subtlety of every single return.\u201d He contended, though, that everyone will benefit from lessening the tax burden and spurred economic growth, leading to more jobs and higher wages.\nAn analysis by the Tax Policy Center said the measure would reduce taxes on average for all income groups in 2018. The largest cuts, both in dollars and as a percentage of after tax-income, would go to higher-income households. The center, a joint venture of the Urban Institute and the Brookings Institution, said at least 7 percent of taxpayers would pay higher taxes under the proposal in 2018, and at least 24 percent of taxpayers would pay more in 2027.\n\u201cI\u2019ve not seen the new analysis,\u201d Roskam said, noting the center recently had to revise an earlier estimate of the bill\u2019s impact.\nRoskam said those changes have to be viewed in concert with other provisions of the bill: nearly doubling the standard deduction for joint filers to $24,000; increasing the child tax credit to $1,600 from $1,000; adding an additional $300 credit for each parent; and ending the alternative minimum tax.\nThe House bill also doubles the threshold for exclusions from the estate tax to nearly $11 million for individuals and $22 million for couples. It would be repealed entirely in several years.\nRoskam said it was \u201cperfectly reasonable\u201d to come up with a higher threshold so long as small businesses and farmers are able to pass on their enterprises to the next generation without a \u201cdeath tax\u201d so steep as to be \u201cscandalous.\u201d\nThough the House could approve Republicans\u2019 proposal Thursday, the details could change as the Senate continues work on its own measure in the coming weeks.\nThis week more than 400 millionaires and billionaires wrote a letter to Congress telling them not to cut their taxes. The effort was organized by a group called Responsible Wealth, which backs progressive causes.\n\u201cI\u2019ve not gotten that letter,\u201d Roskam said, saying his constituent contacts included people who want to get tax reform done, who want to learn more or who are opposed.\nAs for the opponents, \u201cwe try to tell them why it\u2019s a good idea,\u201d he said.\n# # #", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://roskam.house.gov/media-center/press-releases/icymi-roskam-tax-reform-either-get-done-or-it-will-be-lost-opportunity"], "units": {}, "query_ms": 1.1627899948507547, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}