Skip to content

ICYMI: Chairman Brady Discusses Pro-Growth Tax Reform with UPS Workers and Louisville Job Creators

August 22, 2017

This morning, House Ways and Means Committee Chairman Kevin Brady (R-TX) was in Louisville, Kentucky at the United Parcel Service (UPS) Worldport to speak with workers and local job creators about what House Republicans are doing to deliver comprehensive tax reform in 2017.

CLICK HERE or the image above to watch today’s event.

Excerpts from Chairman Brady’s remarks are below.

On the burdens of today’s uncompetitive tax code:

“There’s a big reason our young people coming out of school can’t find the good-paying jobs they’re looking for. It’s one of the reasons you can’t go online regularly without finding another US company that’s moving its headquarters, it’s manufacturing, its research overseas, where those tax rates are much more competitive … There’s a big reason our economy is not fulfilling what we know it can, and our tax code has a lot to do with it.”

On lowering the sky-high corporate tax rate that discourages job creation and economic growth:

We’re proposing to lower rates dramatically for every size business, whether you’re a UPS or you’re a ‘mom and pop’ that you see, that you stop by on your way home after work today. And for a simple principle: we want you to send less money to Washington – we want you to invest more in your workers, in your business, in your future. We also make dramatic changes in muscling up the ability of companies like yours and of every size business when you buy these new planes and invest in these new buildings and make the equipment and technology investments that allow you to compete and win.”

On encouraging savings and investment:

“We ought to reward those who save, whether it’s for health care, for college for your kids, or for retirement. Let’s reward savings by reducing the taxes there. And let’s encourage more investment, because whenever you and I make that investment – whether it’s in a local business we believe in, a stock in a company we believe in, or some other way – it’s incredibly pro-growth for the American economy. And what are we going after? Growth.”

On delivering bold, pro-growth tax reform this year:

“I think the American public is hungry and starved for a change in the tax code … We believe there’s an urgency to do this this year, so we’re working closely now – even though we’re not in Washington – we’re working closely to be ready to bring this forward in the fall when we return, all with the goal of getting this to the President’s desk this year.”