We all remember when President Donald Trump unveiled his tax plan on his official website( he was still only president-elect bach then) and, safe to say, a lot of people were surprised by it. How much will you be paying? Well, relief probably is on the way.
According to the website, Trump’s vision for his tax plan promised to “reduce taxes across the board — especially for working and middle-income Americans.” The vision also stated that “(n)o one will pay so much that it destroys jobs or undermines our ability to compete.”
Even if the Democrats opposed President Trump he won his first major victory!
The House passed the most sweeping tax overhaul in decades on Tuesday, taking a significant step to cutting taxes for most American households and businesses.
With 227 Republican votes, the House approved the tax cut bill on Tuesday afternoon. No Democrats supported the measure, and 12 Republicans voted against it.
The focus now shifts to the Senate, where Republicans appear to have enough votes to pass the legislation. On Monday, Maine’s Sen. Susan Collins said she would vote for the bill, bringing the likely votes in favor to at least fifty. Sen. John McCain is not expected to vote on the bill due to ongoing health issues.
Before the vote, chants broke out, with several people screaming “shame” and others saying “kill the bill, don’t kill us.” One woman even screamed right at Speaker of the House Paul Ryan (R-WI), calling him a “liar.”
But once the bill was passed, the reaction on the House floor said it all.
Watch for yourself:
Ryan made it clear during his speech on the floor, saying, “Our [current] tax code is so broken that it undermines the very thing that makes our nation exceptional in the first place. It punishes hard work.”
“We are giving the people of this country their money back,” he concluded.
The legislation is expected to accelerate economic growth, adding as much as 1.3 percent to the American economy. The Trump administration says it expects that greater growth will drive wages higher for many American workers.
Tax bills are expected to fall for about 70 percent of U.S. households. About half of the tax cuts will go to the middle class, according to data from the Joint Committee on Taxation.
Alex D is a conservative journalist, who covers all issues of importance for conservatives. He writes for Supreme Insider, Red State Nation, Defiant America, and Right Journalism. He brings attention and insight from what happens in the White House to the streets of American towns, because it all has an impact on our future, and the country left for our children. Exposing the truth is his ultimate goal, mixed with wit where it’s appropriate, and feels that journalism shouldn’t be censored. Join him & let’s spread the good word!