Thanks to the Tax Cuts and Jobs Act, we’ve experienced drastic economic growth in our country that’s toppled records untouched since the Ronald Reagan era, according to U S Representative for Texas District 4 Congressman John Ratcliffe.
Ratcliffe said he voted for the House passage of legislation that will help unleash further economic development, wage growth and tax savings for middle class families and small businesses in Northeast Texas by locking in the policies of the Tax Cuts and Jobs Act.
Ratcliffe says the Protecting Family and Small Business Tax Cuts Act of 2018 (H.R. 6760), will create 1.5 million new jobs across the country and build wage growth beyond last year’s average $3,500 increase in Texas’ 4th District.
He stated, “Amid democrats’ denial that our country’s economic boom is a result of tax cuts, you can count on me to continue standing against any proposals made to strip away our fairer, simpler tax code from the middle-class families and small business owners who benefit from it the most.”