For too long, Congress has promised but failed to close loopholes and fend off special interest groups, until now. Today’s vote moved us one step closer to delivering hard working American families the tax relief we promised.
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Specifically, as a result of this bill the average middle-class family in my district earning $59,000 will receive a $1,182 tax cut. Rather than giving it to the IRS, a family would be able to keep this money and use for more important things such as raising their children or paying down debt
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Our bill builds on SEC decisions earlier in the year that allow all companies to take advantage of confidential initial public offerings and follow-on offerings.
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It strikes me as common sense that if we’re going to take money from law abiding taxpayers, we ought not to be giving it to lawbreaking recipients. This bill is one step towards fixing that problem.
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“It’s now up to us in the House to turn this into a reality. I look forward to working with my colleagues in the coming weeks to ensure more jobs can be brought back to North Carolina and that middle-class families in our state get the raise they deserve.
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here’s money to be made in vocational training and where this leads. So I’m very proud of the students here, very proud of the teachers and that Iredell County is recognizing that.
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“President Trump’s speech today laid out an optimistic vision of what our country can accomplish when we put more money back in the pockets of American families. Over the past few years, North Carolina has seen first hand what is possible when you lower rates and simplify the tax code. I look forward to working with President Trump to deliver on the promise of cutting taxes for the American people”.
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Triad congressman Ted Budd has joined a U.S. House member from Ohio in urging the revocation of a recent trade ruling that went against an ATM maker with a Greensboro plant.
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“The law is clear on this: the public interest matters on these issues,” said Rep. Budd. “Diebold has 4,700 jobs in our country, Hyosung has a few dozen. I’m hopeful that the United States Trade Representative makes the right decision, and overturns this flawed ruling. Making things in America matters, and it’s hard to find a company more American than Diebold--a 150-year-old ATM and safe manufacturer with 150 employees in Greensboro.”
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