President Donald Trump and leaders in Congress unveiled a tax cut plan with the goal of providing tax relief to middle class Americans, simplifying our complex tax code, lowering tax rates for small businesses, making American job creators more competitive, and ending incentives to ship American jobs overseas.
Raise wages by $1,200, putting more money back in the pockets of middle class Americans
Boost economic growth by creating 975,000 American jobs
Create a Zero Tax Bracket for working families, ensuring the first $24,000 earned by married couples and $12,000 earned by individuals will be tax free
Provide tax relief for small businesses
Make American job creators more competitive against countries like China and India and eliminating incentives for businesses to ship American jobs overseas
Increase the Child Tax Credit
Eliminate the disastrous Death Tax
Simplify the tax system, ensuring working families can file their taxes on a postcard
The Middle Class Project is dedicated to passing the largest tax cuts in over 30 years – and bringing about meaningful reforms to our outdated and anti-competitive tax system. The Middle Class Project is sponsored by the 45Committee.