Press release:
Congressman Chris Collins (NY-27) released the following statement in support of the U.S. House of Representatives Republican framework on tax reform that was released today:
“Updating our nation’s tax code will be one of the most important accomplishments we will see under President Trump. The House Republican framework is what will truly make America Great Again by making our country more competitive around the world and allowing families to keep more of what they earn.
"Lower corporate tax rates and repatriation of dollars that are overseas will directly stimulate investment and job growth in Western New York and around our country. It’s time for Congress to follow President Trump’s lead and fix the broken, outdated tax system that has burdened hard-working individuals and has crushed our economy."
For more information on the House Republican tax reform framework, click here.
"Updating our nation's tax
"Updating our nation's tax code will be one of the most important accomplishments we will see under President Trump", says Collins. Wasn't the same thing said about Repeal and Replace of ObamaCare?
At least Collins is honest when he mentions Lower Corporate Tax Rates as the highlight of the proposal. I am sure all of the residents of GLOW will celebrate when their Corporate Tax rates are reduced. Ugh. Just another example of the rich taking care of the rich. The working class gets a raw deal once again.
lol tax reform..... why do I
lol tax reform..... why do I feel I won't qualify for this reform and I will end up paying more?
and.... when they say a million won't be able to afford health insurance, why do I feel like I will be one of those million ?
A cleverly devised plan to
A cleverly devised plan to transfer wealth from the high tax states; NY, California, NJ to the less wealthy red states with little of no state and local taxes. Very few American companies pay the 37% federal tax frequently quoted. As a matter of fact, a few like GE pay no federal tax. Us New Yorkers stand to lose big time if this goes through as stated.
Trumps gonna make the rich
Trumps gonna make the rich richer,and he is going to get the working man to pay for it.
The vast, vast majority of
The vast, vast majority of corporations are owned by people who are decidedly not wealthy.
I have a corporation and I
I have a corporation and I assure you I am far from wealthy.