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POTUS signs historic tax cuts and reform legislation into law

Congressman David Rouzer released the statement below following President Donald Trump signing the Tax Cuts and Jobs Act (H.R. 1) into law:

“Today is truly historic.  For far too long, individuals, families and businesses have been burdened by an outdated and unfair tax code that has been a drag on our economy and has penalized hard work,” said Rep. David Rouzer.  “I applaud President Trump for signing this tax relief and reform bill into law so that hardworking taxpayers will finally have a tax code that respects the challenges they face and will deliver the relief they so richly deserve.  The Tax Cuts and Jobs Act will lower taxes and encourage investments that will lead to the wealth creation necessary to boost wages and create even more new jobs.  The recent announcements of pay raises and bonuses by major corporations are already proving this.”  

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