Today, Congressman Bill Huizenga (MI-02) released the following statement after voting in support of the Tax Cuts and Jobs Act, legislation to reform the tax code and deliver tax relief to middle class families and small businesses across West Michigan.
“Our plan lowers tax rates, doubles the standard deduction, increases the Child Tax Credit, preserves the Adoption Tax Credit, and creates a new Family Tax Credit that will provide real tax relief for hardworking middle class families across West Michigan. Additionally, our legislation will increase economic growth by cutting taxes on small businesses so they can invest more of their money into growing their local business and create new jobs in our community. Lastly, our legislation also lowers the corporate tax rate so Michigan job creators of all sizes can compete against foreign companies, expand in Michigan, and create good-paying jobs.
“Our nation’s tax code hasn’t been overhauled in three decades. In that time, economic growth has failed to reach its potential while special interests and the well-connected have created loopholes for themselves at the expense of low and moderate income families. The Tax Cuts and Jobs Act reverses this trend by simplifying our tax code, eliminating loopholes, and delivering tax relief for hardworking middle class families and small businesses.
“This legislation provides more opportunity for West Michigan families living paycheck to paycheck to achieve the American Dream.”
For more information on this important legislation, please visit FairandSimple.gop
This morning I visited the Outdoor Discovery Center to see first hand how the Great Lakes Restoration Initiative (GLRI) is helping restore wetlands, reduce flooding, and stop harmful runoff from flowing into rivers, Lake Macatawa, and Lake Michigan.
More positive news for West Michigan’s economy! It’s wonderful to see innovative manufacturers continue to expand and/or choose West Michigan as the place to invest, grow, and create good-paying jobs!
This afternoon, the House passed bipartisan legislation to improve care for our veterans and strengthen the Great Lakes economy by ensuring that harbors in Grand Haven, Ludington, Holland and other across the Great Lakes are properly dredged. These are among the first set of legislative funding priorities that have passed Congress and are now headed to the President’s Desk to be signed into law. You can read my full statement on the Conference Report to accompany H.R. 5895, the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs (VA) Appropriations Act below.
Today West Michigan says farewell to one of the people who helped shape our community into the incredible place it is today. Thank you for all that you have done for West Michigan Rich and while your legacy will live on, know that your leadership and friendship will be deeply missed. Rest well Rich.
The engine of our economy is powered by small business job creators and thanks to tax and regulatory reform they are feeling more confident than ever before. "As the tax and regulatory landscape changed, so did small business expectations and plans," said NFIB President and CEO Juanita D. Duggan. Capital spending is at it's highest level in a decade and small businesses are reporting record levels of job creation!
