Reed: Providing for Families
Today, Rep. Tom Reed spotlighted his work to put more money in families’ pockets and plans to make it easier for people to invest this money in their future.
“The tax cuts passed last year boosted jobs and allowed hard working people to keep more of their paycheck,” Tom said. “Nearly everyone who wants a job is able to get a job and wages are rising – great news for our friends and neighbors.”
Tom highlighted the average family of 4 in our district is seeing an additional $1,600 a year and changed the trajectory of the economy with:
Due to tax cuts several businesses in our communities gave pay raises, bonuses and better benefits to employees including:
Tom is on the committee which wrote the recent tax cuts and after hearing from families in the Finger Lakes, Southern Tier and Western New York tax cuts 2.0, which was introduced this week, included a provision to make both the tax cuts and the $2000 child tax credit permanent to create certainty for families.
“Now with tax cuts 2.0 we are working to make tax cuts permanent and make it easier for families to invest their money in both their own and their children’s future,” Tom said. “We care about providing for our neighbors and feel we should update our tax code every year to ensure it is treating people as fairly as possible.”
This is why tax cuts 2.0:
Tax cuts 2.0 will provide certainty for our families, workers, and small businesses by making tax cuts permanent and create an estimated: