Smucker Statement on House Passage of Tax Cuts and Jobs Act Conference Report
Washington, D.C. – U.S. Rep. Lloyd Smucker (PA-16) today issued the following statement on House passage of the Tax Cuts and Jobs Act:
“Every American deserves the opportunity to pursue his or her own version of the American Dream. Today, our complex and outdated federal tax code leaves families feeling like they’re doing everything right, but still struggling to make ends meet. The status quo on taxes is failing the middle class.
“Throughout this past year, I have been hearing from constituents about what tax reform should do for them and their families. They want a simpler, more honest federal tax code that lets them keep more of their paycheck and restores American competitiveness – and that’s what this bill does.
“I have also had conversations with constituents about specific provisions in our tax bill that have been good for our community. Our older population has been able to reduce its tax liability because of the deduction for medical expenses. Cities like Lancaster, Reading, and Coatesville have taken advantage of the New Market and Historic Tax Credits to jumpstart economic activity and put people back to work. I fought to retain these important provisions to help ensure this tax plan works for our district.
“The IRS has told President Trump that, if signed into law before Christmas, the lower rates will be effective as soon as February. I urge my colleagues in the Senate to pass this legislation so hardworking Americans can keep more of their own money.”
Rep. Smucker sent a letter to House Speaker Paul Ryan and Ways and Means Chairman Kevin Brady in late November urging them to preserve the New Market and Historic Tax Credits in the final version of tax reform legislation. You can read that letter here.
Rep. Smucker also sent a letter to Tax Policy Subcommittee Chairman Peter Roskam that highlighted the concerns shared by residents of a retirement communities in the district and the value of being able to deduct medical expenses. You can read that letter here.
You can read the bill text and policy highlights of the Tax Cuts and Jobs Act here.