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Marking Tax Day 2018

Floor Speech

Date: April 17, 2018
Location: Washington, DC
Issues: Taxes

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Mr. GIANFORTE. Mr. Speaker, I rise today to mark tax day 2018.

I do not make it a habit of celebrating tax day, but this year is different. Tax day 2018 is the last time the American people will have to file their taxes under a complex, outdated Tax Code.

The new Tax Code lowers the tax rate for every Montanan. The reduced rates are creating larger paychecks. A teacher in Billings told me her take-home pay has gone up $1,500 a year.

The new Tax Code provides relief to Montana families by doubling the child tax credit. Parents will have more money to buy their children clothes, diapers, and food.

Today, I am celebrating tax day 2018 because we are putting that old antigrowth Tax Code out to pasture. In its place is a new, simpler Tax Code that cuts rates for all Montanans, helps families, and is growing our economy, leading to more jobs and higher wages.

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