Six Months After Tax Reform, Something Big Is Happening
Wall Street Journal
Rep. Kevin Brady
June 21, 2018
"Six months ago, Republicans in Congress joined with President Trump to redesign America’s tax code and enact sweeping tax cuts. We were determined to let families and local businesses keep more of what they earn. The new tax code was built to help American companies and workers compete and win anywhere in the world.
"Now something big is happening to America’s economy. Since January, more than one million jobs have been created. This has brought claims for unemployment benefits to their lowest level since 1969, and there are now actually more job openings than people looking for work. The U.S. has gone from a nation asking 'Where are the jobs?' to one that asks 'Where are more workers?'
"The scary thing is that Democrats want to take all of this progress away. They think Washington should keep more of families’ hard-earned money. Critics like House Minority Leader Nancy Pelosi continue to deny that tax reform has had any positive effects, and they have actually pledged to raise taxes...
"Given the choice between keeping taxes high and allowing families to keep more of their money, Republicans chose—and continue to choose—the American people. Empowering families to run their own lives is at the heart of the American Dream. It’s the key to our nation’s economic success, and it’s the reason that, six months into tax reform, Americans are more hopeful about their future."
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Economy Jobs, Wages and Unemployment