Friday, December 22, 2017
TAX REFORM BECOMES LAW DELIVERING ON PROMISES FOR WORKERS TO KEEP MORE OF THEIR HARD-EARNED MONEY
Businesses Already Putting Real Money in Workers’ Pockets
WASHINGTON, D.C. — Celebrating the signing of the Tax Cuts and Jobs Act into law by President Trump, Independent Women’s Forum Senior Policy Analyst Patrice Onwuka offered the statement below:
"Today's signing of the tax legislation is a win for President Trump, but ultimately more so for American workers and families. It's been more than 30 years since we’ve had meaningful reforms to our tax code. Now, new generations will experience the blessings and prosperity of policies that accelerate economic growth, creating jobs, raising wages and spurring innovation.
"This bill delivers on promises to allow workers to keep more of their hard-earned money, makes American businesses more competitive, and simplifies our tax code. Businesses are already responding by making new investments, giving workers generous bonuses, and announcing new hiring.
"Our economy is showing signs of strength, but these reforms will lead to stronger markets, higher wages, and better-paying opportunities for Americans. It will be a happy holiday season indeed."
Independent Women's Forum is dedicated to developing and advancing policies that aren’t just well intended, but actually enhance people’s freedom, choices, and opportunities.