WASHINGTON – Sen. Mike Lee (R-UT) issued the following statement today after final passage of the Tax Cuts and Jobs Act of 2017.
“American working families deserve a tax cut and this bill delivers it to them,” Sen. Lee said. “According to the left of center Tax Policy Center, this bill will reduce taxes for all income groups in 2018 by an average of $1,600. And according to The Washington Post, a Utah family with two kids making the median $62,000 a year would see a $1,675 tax cut. Delivering more take home pay for these working Utahn families is why I voted for this bill.”
“Now there is still a lot to be done. First and foremost we need to work with Democrats to make these middle-class tax cuts permanent. Second, we can do even more for lower-income working families by making the expanded Child Tax Credit in this bill fully refundable up to payroll tax liability.”
“I stand ready to work with anybody to make sure working American families are treated fairly by our tax code.”