releases: https://goodlatte.house.gov/news/documentsingle.aspx?DocumentID=1071
Data license: MIT · Data source: dwillis/congress-press
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| https://goodlatte.house.gov/news/documentsingle.aspx?DocumentID=1071 | Tax Cuts and Jobs Act One Step Closer to Law | 2017-12-19 | 2017 | 2017-12 | Republican | House | VA | Robert Goodlatte | G000289 | goodlatte.house.gov | legacy | By creating a simpler, fairer tax system, the reforms in this bill will help put more money in the pockets of families and encourage job creators of all sizes to invest in the United States. share: f t Congressman Bob Goodlatte (R-Va.) released a statement today after voting in support of the bicameral conference report to H.R. 1, the Tax Cuts and Jobs Act, in the U.S. House of Representatives:Tax relief is one step closer for Virginia families. At its very core, the Tax Cuts and Jobs Act is about creating greater opportunity for men and women across the United States. It means more jobs, lower and fairer taxes, and bigger paychecks. The Tax Cuts and Jobs Act lowers individual tax rates so families can keep more of their hard-earned money. Under this plan, a family of four earning an income of $73,000 will receive a tax cut of more than $2,000. This bill expands the Child Tax Credit from $1,000 to $2,000, preserves the mortgage interest deduction for current and future homeowners, expands the medical expense deduction, and maintains popular options used to save for retirement, like 401ks and IRAs. It also provides families with the flexibility to purchase the health coverage they want and need by eliminating the tax penalty created by Obamacares individual mandate. By creating a simpler, fairer tax system, the reforms in this bill will help put more money in the pockets of families and encourage job creators of all sizes to invest in the United States. Following expected action in the Senate later today, the Tax Cuts and Jobs Act will head to the Presidents desk. I look forward to seeing this historic tax reform cross the finish line and deliver much-needed tax relief to families across the country. For more information about the Tax Cuts and Jobs Act, visit fairandsimple.gop. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |