Bishop Applauds House Passage of Tax Reform 2.0
WASHINGTON – Today, Congressman Mike Bishop (MI-08), member of the House Ways and Means Committee, released the following statement after House passage of a package of three bills known as Tax Reform 2.0 to lock in middle-class and small business tax cuts, promote family savings, and advance the next generation of entrepreneurs.
“We finally have a tax code that delivers for hardworking families – allowing them to keep more of their hard earned paychecks, and after decades of stagnant growth, our economy is growing at a record pace. Since tax reform was signed into law, nearly 1.7 million new jobs have been created and wages are rising at the fastest rate in almost a decade,” said Rep. Bishop. “Today’s passage of Tax Reform 2.0 builds on our progress and will make our country even more competitive by locking in tax cuts for our middle-income families and making it easier for hardworking Americans to save for their futures.”
Tax Reform 2.0 Includes: