We can’t let the Tax Cuts and Jobs Act expire
In 2017, Congress passed, and President Donald Trump signed into law, the Tax Cuts and Jobs Act (TCJA) — the single largest and most comprehensive reform of the tax code in decades. As promised, this legislation boosted our economy, strengthened our global competitiveness, and let American families, farmers, and small businesses keep more of their hard-earned money. Real median household income increased by $5,000, real wages rose at the fastest rate in 20 years, the child tax credit was doubled from $1,000 to $2,000 per child, the corporate tax rate was lowered to spur investment and ...