[Congressional Record Volume 163, Number 188 (Thursday, November 16, 2017)]
[House]
[Page H9414]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX CUTS AND MORE JOBS FOR MONTANANS
(Mr. GIANFORTE asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. GIANFORTE. Mr. Speaker, the Tax Cuts and Jobs Act will increase
paychecks for hardworking Montanans, create Montana jobs, and unleash
economic growth.
In fact, analysis from the nonpartisan Tax Foundation finds the bill
will create nearly 2,900 Montana jobs and will increase income for
median Montana households by $2,200.
Hardworking Montanans will see a big tax break by cutting their rates
and by doubling the standard deduction. Montana families will benefit
from an increased child tax credit.
Today, only about one in four Montanans itemize their deductions--
filling out stacks of paperwork for hours after saving piles of
receipts. With tax reform, those days are over. Under the new plan,
nine out of ten Americans won't have to itemize to see their full tax
benefit, and they will file their taxes on something like a postcard.
I am proud to vote for tax reform that will create thousands of
Montana jobs, ensure hardworking Montanans keep more of what they earn,
and help small businesses.
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