Friends of Manufacturing

Sen. John Thune: Why the GOP-Trump Tax Plan Works


The American people have had a rough time over the past few years. Fifty percent of Americans consider themselves to be living paycheck to paycheck, while almost a third of voters say they are just $400 dollars away from a financial crisis. That’s not acceptable. Fortunately, there are things we can do about it, starting with comprehensive tax reform.

Comprehensive tax reform is perhaps the single most important thing we can do to provide financial relief to American families and get our economy back on the path to long-term health. That’s why Republicans in Congress have spent several months working with the Trump administration on a tax reform framework that we believe will lead to more jobs, fairer taxes, and bigger paychecks, and why the tax-writing committees in the Senate and the House of Representatives are currently hard at work drafting legislation.

Full Article