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    Congress Passes Landmark Tax Cuts
    Congress Passes Landmark Tax Cuts

    Congress Passes Landmark Tax Cuts

    Published Saturday, December 23, 2017

    Business Tax Relief

    • Significantly slashes federal taxes for small businesses to encourage company growth and

      job creation.

    • Cuts taxes for C Corporations to a maximum of 21 percent to encourage bringing factories and good-paying jobs back to America.

    • Provides for unlimited expensing of equipment over the next five years to help businesses grow and create more jobs.

    • More than 99% will no longer live under the threat of the death tax. The exemption was doubled to 22 million for families and 11 million for individuals.

    Personal Tax Relief

    • Repeals the Obamacare individual mandate.

    • Doubles the standard deduction from $6,000 to $12,000 for those who file single returns and $12,000 to $24,000 for married couples.

    • Increases the annual per-child family tax credit from $1,000 to $2,000

    • Slices all individual tax rates so people like you will keep more of your hard-earned dollars.

    • The average family of four will save more than $2,000 in taxes.

      How do you feel about tax relief that encourages business growth and lets people like you keep more of your hard-earned dollars?