Rep. Kelly Joins House in Passing Pro-Growth Tax Reform

Nov 16, 2017 Issues: Economy and Jobs, Tax Reform
Rep. Kelly Joins House in Passing Pro-Growth Tax Reform

 

Tax Cuts & Jobs Act is first of its kind to pass since 1986; will increase take-home pay for every American taxpayer

Rep. Kelly: “This is the right time to do the right thing!”

WATCH HERE

WASHINGTON — U.S. Representative Mike Kelly (R-PA) – a member of the House Ways and Means Committee – delivered remarks on the floor of the House of Representatives this morning in support of the Tax Cuts and Jobs Act (H.R. 1), which was passed this afternoon by a vote of 227-205. Rep. Kelly’s full statement on the bill’s initial introduction can be read here. His full statement after the bill was marked-up by the Committee can be read here.

Highlights of Rep. Kelly’s floor speech:

“I hear the debate going back and forth and I would just encourage all of our members: you are going to have a choice today to take your voting card, and you’re going to put it in the voting machine, and you can push a green button that says ‘Go,’ putting this nation back on track, making America the greatest economic power in the world; or you can push a red button and say, ‘You know what? It’s just not something I can vote for today because it’s just not exactly what I want.”

“Next week, 50 million Americans will travel because … they want to come home for the holidays, they want to come home for Thanksgiving. This bill is a Thanksgiving bill. It’s a jobs bill, because what we’re telling corporate America is, ‘We want you to come home! Want to make this a more favorable environment for you to live, to work, to succeed.’ … When you tax people at the highest rate in the industrialized world, when you regulate people that puts them at an uncompetitive advantage on the shelf, they can’t exist. And so where do they go? They have to leave home to go overseas to find that answer.”

“Listen to these figures—these are not my figures by the way, this is the Tax Foundation: tax cuts for Americans at every economic level; [our bill] reduces taxes by almost $1,200 for every average-size middle-income American family; reduces taxes by almost $2,000 for every average-size middle-income family in Pennsylvania’s Third District; grows national GDP by 3.5 percent; increases American wages by 2.7 percent; increases after-tax incomes for every taxpayer by 3.8 percent in the long run; increases after-tax incomes for median families in Pennsylvania by over $2,300; and it creates almost 900,000 new American jobs, and it will create in my state of Pennsylvania over 36,000 new jobs.”

“This is a jobs bill. This is a revenue-raiser for us. This is about bringing people back home. This is about more take-home pay for every hardworking American guy and gal who’s out there who gets up every day to do one thing and that is to protect their families and work in the best interest of their country.”

“I’m just asking you today to look at this [voting] card and know that you have within the power of your vote to unleash the greatest economy in the world; to unshackle it from the tax code that makes it impossible to compete globally, that overregulates it, and forces it offshore and then blames [companies] for leaving.”

“So I ask my friends on both sides of the aisle: let’s do what’s right for America. If it’s right for America, then it’s right for Republicans, its right for Democrats, it’s right for independents, it’s right for libertarians. It’s right for America! This is the right time to do the right thing! My friends, we cannot stay where we are. A stand pat hand is not a winning hand. [We have] the ability to move forward, the ability to absolutely not just participate in a global economy but dominate a global economy, and give every single American the faith in the future and restore the faith they need to have in this body that we are doing the best thing in their interest every day single day that we come here.”

NOTE: The full text of the Tax Cuts and Jobs Act can be read here. The final text of the Chairman’s Amendment, approved by the Ways and Means Committee, can be read here.

ICYMI: A compilation of Rep. Kelly’s recent national TV appearances in support of pro-growth tax reform can be found here.

Rep. Kelly with Speaker Paul Ryan, House Republican Leadership, and fellow members of the Ways & Means Committee after the historic House passage of the Tax Cuts & Jobs Act

ADDITIONAL RESOURCES:

Section-by-Section Summary

Policy Highlights

Policy Detail Manual

Examples of Benefits for Taxpayers

FAQ/Setting the Record Straight | Part II

Tax Cuts & Jobs Act Homepage

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