Historic Tax Relief for Families

Floor Speech

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Mr. MOORE of Utah. Mr. Speaker, I am so glad to be joined by my colleagues this evening to talk about the historic tax relief we are providing for working families this tax season. I think it should be on the mind of every single American, and we are thrilled to be able to highlight some of the many things that we have accomplished in the preceding calendar year.

Honoring Mark Roman

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Mr. MOORE of Utah. Mr. Speaker, I will briefly add that I had the opportunity to serve on Chairman Smith's Ways and Means Committee, and I have seen the work that Mark Roman did, mostly behind the scenes, the stress that he is put under, and the outcomes that we have delivered.

Oftentimes, we don't talk about this being a functional place. Sometimes when you go to Congress, Mr. Speaker, all you hear about is the gridlock, the nonsense, and all the rhetoric. Mark Roman accomplished some things for the American people that he will never get credit for.

I am going to speak a little bit about it today, but I also wanted to add how much I appreciated getting a chance to work under Mark. I wish his amazing kids and family all the best. We hope that he really, truly won't go far. Historic Tax Relief for Families

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Mr. MOORE of Utah. Mr. Speaker, as I mentioned, I want to share a brief message about what we have accomplished this last year.

Mr. Speaker, House Republicans have turned a season of dread as tax season approaches into a season of historic relief. Tax season is officially underway, and this year, 91 percent of all taxpayers will experience an easier and more simplified filing process.

We locked in the doubled standard deduction, and not only at the rate that Republicans established in 2017. We actually boosted it for this new approach. It is now considered permanent policy, meaning that families will pay no taxes on the first $31,500 of what they make.

It will also save Americans an estimated 210 million hours per year in paperwork and $13 billion in compliance costs annually.

We talk all the time about simplifying the tax code. Everybody talks about it, and we have done it. Since 2017, we decided to double the standard deduction.

That immediately targets middle- and lower-income Americans who choose not to itemize. Itemizing is still an option you can do, Mr. Speaker, if you have multiple different types of elements that you can deduct from your taxes. You can still choose to do that, but the vast majority of Americans, working Americans and everyday Americans, use the doubled standard deduction.

That is real tax relief. It goes unsaid a lot. It is such a standard piece. Nobody truly disagrees with it--``nobody'' meaning both parties. It is something that we have now established as the norm, and it will give immediate relief to the vast majority of American families.

Because the historic tax cuts are retroactive to 2025, the average refund is projected to increase by $1,000, with a total of $91 billion in additional refunds being returned to the American people this spring. We also repealed the Democrats' $600 reporting requirements for payments through PayPal or Venmo and requirements for paperwork reporting of small payments to casual sellers and service providers.

This, again, is an effort to simplify the tax code and make it work for American families so they will be able to have more of what they earned. I will get to more of that.

Filing taxes is a pain point--we all know that--for most people because of both the amount and the process. We have simplified it to improve the experience for filers and increase accountability for lawmakers deciding where those funds are allocated.

Working families were our top priority in these tax cuts. We wanted to help them achieve the American Dream, make life more affordable, and make filing taxes less of a burden. This year, Utah families will be able to keep more of their hard-earned money through the increased standard deduction and face less burdensome paperwork.

It is very simple. Republicans have created a tax code that simply works for American families. This is something that doesn't work against them, as so oftentimes things from Washington, D.C., do.

Mr. Speaker, I am proud to be a part of delivering this win for Utahns, and I yield back the balance of my time.

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