Press Releases

WASHINGTON – Congressman Mike Bishop (MI-08) joined members of the Michigan delegation this evening on the House floor to share the tangible benefits tax reform is producing across the state of Michigan.

Below are Congressman Bishop’s remarks as delivered. To watch the video, please click here.

“Thank you sir and thank you for yielding, thank you for leading in this effort.”

“It’s very exciting back in the great state of Michigan, the comeback state of Michigan, our home state. After years of stagnant economic growth, our workforce is finally experiencing the benefits of a modernized tax code.

“So far, more than 4 million hardworking Americans have received bonuses, noticed an increase in their take-home pay and have benefited from higher wages. 

“Across Michigan I’ve had the opportunity to travel, not only in my district but across this great state, and I have seen first-hand great things, so many great stories to tell sitting down with folks hearing about the new tax law and how it’s impacting their community and how it’s impacting their businesses. And I take away from this a number of really excited testimonials from everyone that I sat down with.     

“For example, Dan, a small-business owner from Rochester Hills, Michigan, shared with me that as a result of tax reform he was able to invest in his new car wash by buying new equipment. Erwin, a constituent from Oxford, Michigan, is seeing extra money in his monthly take-home pay.

“I stopped by the Fiat Chrysler Truck Assembly Plant to talk with workers about the new Ram Truck production line that is relocating from Mexico all the way back to Michigan where it belongs, bringing with it 2,500 new jobs. And as you can imagine there is extreme excitement within the four walls of that beautiful plant.”

“Michigan is the auto capital of the world. We produce more than 2.2 million cars and trucks – we produce more cars and trucks than any other state in the union, and we are excited and proud to be the auto capital of the world, the state that put the world on wheels. The Fiat Chrysler decision will provide more than $1 billion in U.S. investment and $2,000 bonuses for each employee, all as a result of tax reform.

“In Lake Orion, Michigan – Complete Automation, they employ about 250 employees. I visited their operation to talk with employees about the new benefit they’ll soon be seeing.

“As a result of tax reform, employees at Complete, in their 401(k) contributions, see a match of 50% up to 4% of their investment in their 401(k). That is a big deal for a lot of people. It’s a great deal for their family, it’s a great deal for them individually, but it’s a great deal for their family.

“And I will also say this, with the average tax cut in my District of about $2,500 per average family, that’s not crumbs, that is real relief for families that could really use it right now.

“The takeaway from all these conversations that I’ve had across my district is that the Tax Cuts and Jobs Act is working.

“America’s optimism is rising and our workforce is taking notice.

“We’re finally creating an environment that fosters economic growth and brings jobs back to the United States, and back to my home state and the comeback state of Michigan – and this is just the beginning.”

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