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Tax Cuts & Jobs Act

Rather than raise taxes like Democrats are planning to do in order to recklessly spend, Republicans would permanently lower them by making the Tax Cuts and Jobs Act permanent. This would give businesses the incentive, including small businesses, to reinvest back in their jobs, in their workers, and in new equipment.

Brady, J. Smith Seek Thorough Review of Democrats’ Problem-Riddled Child Tax Credit

November 03, 2022 — Blog

Democrats dangerously expanded the GOP-created Child Tax Credit (CTC) and turned it into a wasteful stimulus program that fueled inflation and discouraged work. What’s more, the Democrats’ CTC was plagued with problems, with preliminary reports finding that more than $1 billion has been lost in improper payments and at least 4 million families are still waiting to receive ...

Brady: Wages Rose Twice as Fast as Inflation after GOP Tax Reform

November 03, 2022 — Blog

“In President Trump’s economy after the tax cuts, we saw wages not only growing but they were growing twice as fast as inflation,” Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said on “Your World” with Neil Cavuto on Fox News, five years after the Tax Cuts and Jobs Act was introduced in the House of Representatives. In President Biden’s cruel ...

Brady: White House Fear Mongers on Social Security While Inflation Crushes Seniors

November 02, 2022 — Bidenflation

While President Biden falsely claims credit for an automatic increase in Social Security payments, even reporters from the New York Times and the Washington Post are debunking the claim. “There's so much disinformation and fear mongering coming out of the White House. I think everyone understands why Social Security payments went up: Because inflation is crushing so many seniors,” ...

Tax Scorekeeper Confirms Democrats’ Partisan Child Tax Credit Policy Costs Taxpayers $1.4 Trillion, Reduces Economic Growth & Removes Workers

November 02, 2022 — Bidenflation

A permanent extension of the Democrats’ 2021 Child Tax Credit policy would cost taxpayers $1.4 trillion over the next decade, reduce economic growth, business investment, and labor force participation while resulting in higher inflation, according to a recent analysis by the Joint Committee on Taxation (JCT)

Brady: Core Prices Reach Third Highest Level Under Biden, Nine Months After He Claimed Inflation “Peaked” 

October 28, 2022 — 'Inflation Reduction Act'

After the Bureau of Economic Analysis released its report for September’s personal consumption expenditures (PCE) showing core prices increased 5.1 percent from one year ago, the third-highest level under the Biden Administration, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: “This is more bad ...

Small Biz Owner Says TCJA Boosted Jobs & Paychecks: “No Worse Thing to Do Than Raise Taxes”

October 27, 2022 — Blog

“Some of the greatest benefits of TCJA is the effect that it has had on the growth of jobs, enhancing productivity, and increasing the paychecks for our employees,” shared John John Frangakis, owner of a small business in Pennsylvania. As the economy slows towards a Biden recession John added, “there’s no worse thing to do than raise taxes.”   Permanent middle-class and small ...