Changes

Jump to: navigation, search

Kevin Brady

4 bytes added, 20:46, January 22, 2021
/* U.S. Congress, Texas' 8th Congressional District */ + italics.
After the scare of Brady's career and the election of President Trump, Brady did decide to move slightly to the right by working directly with Trump on a tax bill, which was known formally as the Tax Cuts and Jobs Act (TCJA) of 2017 but known informally as the Trump Tax Cuts. The TCJA amended the Internal Revenue Code of 1986 by reducing tax rates and raising the standard deduction. The bill was quite ambitious and it met many of President Trump's goals. Brady was the lead author of the legislation and its biggest advocate on Capitol Hill. It was passed by both branches of Congress and signed into law by Trump on December 22, 2017.
Current [[Biden junta|junta]] leader [[Joseph Biden]] has consistently vowed to overturn the TCJA and raise taxes on Americans. On July 1, 2020, Brady told ''Varney & Company '' on FOX Business,
{{Cquote
|1=I can’t think of anything more dangerous and irresponsible to the economy than raising taxes and slowing this economy as we’re working our way out of a pandemic," Brady advised. "What we don’t want to do is return to the battle of the days of the Obama-Biden administration, the slowest recovery since World War II, wages were stagnant, jobs were moving overseas — exactly the opposite of what we have seen under the Trump administration. So, I think Joe Biden simply doesn’t understand the economy. He’s shown that for many years. And right now, more than ever, what we need to be doing is making those tax cuts permanent, keeping dollars in the pockets of families of our small businesses, encouraging new investment. And obviously, we have already seen a number of jobs in dollars repatriated back to the United States under the Trump tax cuts. We want to continue that, not reverse it.
SkipCaptcha
112
edits