11.29.17

Senator David Perdue: This Is About Tax Relief For The American Worker

“A family of four, making the median income of $71,000 a year, is going to get a 60% tax cut with this plan

WASHINGTON, D.C. – U.S. Senators David Perdue (R-GA), Thom Tillis (R-NC), Dean Heller (R-NV) and grassroots leaders held an event today to highlight the positive impact changing the tax code will have on American families, businesses, and the economy.

Click here to watch or click on the image below.

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Relief For Working Americans: “On the individual side, there’s been a lot of talk that the rich are getting all the benefits. This couldn’t be further from the truth. A family of four, making the median income of $71,000 a year, is going to get a 60% tax cut with this plan. A single parent with one child, making $41,000 a year, is going to get a 75% tax cut.”

Solving The Debt Crisis: “Long-term we have to solve this debt crisis. Cutting taxes and changing the tax code will not solve the debt crisis, but the debt crisis will not be solved unless and until we fix our archaic tax policy.”

Getting A Deal Done: “I’m one of those business guys who needed that certainty to make capital investment decisions over a longer period of time. I would prefer not to have a trigger, but this is about getting a deal done and getting a tax package for the American people, which they expect. I come from a world where you really don’t ever get 100% of what you want. I don’t want to see this bill destroyed because of pursuit for perfection. We’ve seen that before in Washington.”

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Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.