As you may know, the last time Congress passed a bill that updated the tax code was 1986. I was playing high school football then, and cell phones were the size of bricks. Since that time, our nation’s tax code has ballooned to 70,000 pages and has been in need of major reform.
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (H.R. 1) into law. For families across Georgia and the country, this bill means more jobs, more take-home pay, and more money in their own pockets. H.R. 1 is the first major overhaul of the tax code in over thirty years – and there is still work to be done – but this is a great first step to getting our economy back on track towards its full potential. Rest assured, I will continue to advocate for legislation that expands our economy, grows wages, and eases burdensome federal regulations.
More on Tax Reform
|12/5/17||(WGXA): Georgia U.S. Rep. Austin Scott says tax overhaul benefits working Americans|