Rep. Calvert Statement on the Tax Cuts and Jobs Act
Today, Congressman Ken Calvert (CA-42) issued the following statement on the introduction of the Tax Cuts and Jobs Act:
"I am very encouraged that the Tax Cuts and Jobs Act will help us deliver the tax reform and relief that middle-income taxpayers and our job creators so desperately need. Lowering rates, doubling the standard deduction, and increasing the child tax credit are great steps that will allow working families to keep more of the money they earn. In its current form the bill maintains a deduction for state and local property taxes, as well as the mortgage interest deduction. I will be working with my California colleagues as this bill moves through Congress to ensure the final bill adequately provides relief to middle class taxpayers in my congressional district. At the end of the day, I am confident that we will enact tax reform that grows our economy, wages, jobs and is a big boost for American families."
Summary of the Tax Cuts and Jobs Act: HERE
Text of the Tax Cuts and Jobs Act: HERE
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