Positive Effects of the Tax Cuts and Jobs Act

Floor Speech

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Mr. CARTER of Georgia. Mr. Speaker, I rise today to recognize the positive effects the Tax Cuts and Jobs Act is already having on individuals and businesses in the First Congressional District of Georgia.

Two weeks ago, I traveled the First District and visited high school students, university students, senior citizens, small businesses, big businesses, and more to get their feedback on the Tax Cuts and Jobs Act. The results from my trip and the benefits that the First District is already reaping were, frankly, astounding.

For example, Lee Container Company in Homerville said that the new tax law has allowed them to purchase at least three machines a year and to fully amortize them, allowing their company to grow at a substantial rate.

Businesses like Lee Container and the large number of individuals in Homerville that they employ are a reason it was so important to pass the Tax Cuts and Jobs Act.

With the new tax law, businesses can employ more people, increase salaries, invest in their business and communities, and help our economy to thrive.

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