Government Spending & Taxes

For decades, Washington has had a spending problem. No matter how much tax revenue the IRS collects, the bureaucrats spend more. This year, President Biden and Congressional Democrats have spent trillions in extra spending, which has done nothing but fan the flames of inflation, which effectively gave every American a $3,500 pay cut.

Though the beginning of the coronavirus pandemic was an extraordinary and unprecedented situation, it is long past time to wind down the massive spending, return government operations to normal and turn off the spigot of “free” money.

I have consistently advocated for a balanced budget that ensures Washington does not spend more than it brings in.

After the Tax Cuts and Jobs Act, our economy was booming. Millions of Americans were seeing pay increases and finding new opportunities. Unemployment was at record lows for women, African Americans, and Hispanics. The Tax Cuts and Jobs Act lowered rates, increased the Child Tax Credit to help families with the costs of raising children, doubled the standard deduction so middle-class Americans can keep more of their paycheck, and reduced the tax burden on small businesses to help spur job growth.

The typical family of 4 earning $73,000 were estimated to see a 58% tax cut, paying $2,059 LESS in taxes for 2018. The Tax Cuts and Jobs Act also repealed Obamacare’s unpopular and harmful individual mandate, which taxed you for not having health insurance.

President Biden’s agenda will raise taxes on middle- and working-class families, which is one of the many reasons I staunchly oppose it.

I have always said if you want more of something, tax it less and if you want less of something, tax it more. President Biden and Congressional Democrats either don’t understand or don’t care that raising corporate taxes costs consumers money, not the business. Our economy depends on a stable, fair, and simple tax code that encourages growth and innovation, and works for American families.

Legislation Sponsored and Co-Sponsored in the 117th Congress.

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