IT'S HAPPENING!

Senator Orrin Hatch
2017-11-09 23:57:38
Dear Friend, It’s here. After decades of deliberation, we are on the cusp of passing one of the most significant bills of my lifetime: comprehensive tax reform.   Find out how my tax plan could save Utah families almost $1,500 a year!  For years, Americans have suffered under a tax burden almost too heavy to bear. For years, they have clamored for change. And for years, Congress has proven incapable of doing anything to help—until today. With the unveiling of my new proposal, the Tax Cuts and Jobs Act, the Senate is poised to pass the most consequential piece of tax legislation in the last 30 years. Not since the historic presidency of Ronald Reagan have we had an opportunity like this. My bill—which is the culmination of countless negotiations with Republicans and Democrats alike—will provide lasting tax relief to America’s families and small businesses. Almost immediately, Utah’s families will reap the benefits of my tax overhaul in the form of higher deductions and bigger paychecks. Parents with children, for example, will be happy to hear that my bill expands the child tax credit from $1,000 to $1,650. An expansion of this magnitude will result in thousands of dollars in savings for Utah families each year. Low- and middle-income Americans will also win with my tax plan. In fact, the typical family of four could save up to $1,500 annually under the new tax regime. My bill will also bring down corporate tax rates and provide US businesses with new opportunities for expansion and growth. Just as important as what my bill changes is what it keeps the same. It preserves, for example, the deduction for charitable contributions, continuing a long tradition of encouraging private philanthropy for churches and communities. And it maintains popular retirement savings programs to help Americans build their nest eggs and prepare for the future. My legislation represents a tax break for the entire country that has been a long time coming. Republicans have long promised meaningful tax relief, and with growing support for this initiative, we are finally ready to make true on that promise Sincerely,   Orrin

Dear Friend,

It’s here.

After decades of deliberation, we are on the cusp of passing one of the most significant bills of my lifetime: comprehensive tax reform.

 

For years, Americans have suffered under a tax burden almost too heavy to bear. For years, they have clamored for change. And for years, Congress has proven incapable of doing anything to help—until today.

With the unveiling of my new proposal, the Tax Cuts and Jobs Act , the Senate is poised to pass the most consequential piece of tax legislation in the last 30 years. Not since the historic presidency of Ronald Reagan have we had an opportunity like this. My bill—which is the culmination of countless negotiations with Republicans and Democrats alike—will provide lasting tax relief to America’s families and small businesses.

Almost immediately, Utah’s families will reap the benefits of my tax overhaul in the form of higher deductions and bigger paychecks. Parents with children, for example, will be happy to hear that my bill expands the child tax credit from $1,000 to $1,650. An expansion of this magnitude will result in thousands of dollars in savings for Utah families each year.

Low- and middle-income Americans will also win with my tax plan. In fact, the typical family of four could save up to $1,500 annually under the new tax regime. My bill will also bring down corporate tax rates and provide US businesses with new opportunities for expansion and growth.

Just as important as what my bill changes is what it keeps the same. It preserves, for example, the deduction for charitable contributions, continuing a long tradition of encouraging private philanthropy for churches and communities. And it maintains popular retirement savings programs to help Americans build their nest eggs and prepare for the future.

My legislation represents a tax break for the entire country that has been a long time coming. Republicans have long promised meaningful tax relief, and with growing support for this initiative, we are finally ready to make true on that promise

Sincerely,

 

Orrin

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Senator Orrin Hatch
104 Hart Office Building Washington, DC 20510
Phone: (202) 224-5251
Fax: (202) 224-6331