ATR President Grover Norquist released the below statement following House Passage of the Conference Report to the Tax Cuts and Jobs Act:
“The Tax Cuts and Jobs Act is a hugely pro-growth, pro-family bill that cuts taxes for American families and businesses. This bill doubles the standard deduction, reduces income tax rates for all Americans, makes 529 accounts available to every American to save for education at all levels, and removes tax barriers to job creation here in the United States.
“The House should be congratulated for passing this historic legislation. The Senate should swiftly take up and approve this legislation.
“This landmark achievement would not have been possible without the work of House Speaker Paul Ryan, Ways and Means Chairman Kevin Brady and members of the Committee.”