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Restoring Smart Tax Policy Matters

Floor Speech

Date: Feb. 1, 2024
Location: Washington, DC

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Mr. MORAN. Mr. Speaker, the tax and regulatory burdens on our businesses are crippling, and it is incumbent upon us to change that.

Last night, Congress took a step in the right direction to do something positive to help businesses in this struggling economy. We came together to pass the Tax Relief for American Families and Workers Act. This bill will spur American innovation and competitiveness, will reinvigorate manufacturing jobs at home, and will restore Trump-era, business-friendly tax policies that spur economic growth.

My east Texas businesses have been asking for a progrowth, projob, and pro-American tax package designed to revitalize our economy and provide relief to American small businesses. Last night, we provided such a package.

Restoring smart tax policy matters. This bill extends the 2017 Republican Tax Cuts and Jobs Act that has a proven track record of incentivizing U.S. investment, lifting families out of poverty, and allowing Americans to keep more of their paychecks.

I stand with our small businesses, and I thank Chairman Smith for his diligent work on this thoughtful tax policy.

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