Tuesday, November 7, 2017

Morgan Griffith on Tax Reform

From U.S. Representative Morgan Griffith (R-VA-9):

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Tax Reform Update
The House Ways and Means Committee recently released its bill to reform the tax code and started to mark up the bill on November 6. During the markup, the committee debates this legislation and considers amendments offered by any member of the committee. The whole House is expected to vote on the bill before Thanksgiving.
The present tax code imposes too high a burden on the middle class. It also encourages businesses to send their operations to foreign countries and punishes them if they want to bring money made overseas back to the United States.
I support the tax framework previously laid out by the Trump Administration and congressional leadership. That being said, I am still studying the bill text put forward by Ways and Means. As I do so, I will be guided by two principles above all: reform needs to promote job creation, and it must let families keep more of their hard-earned money.
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