Today I am announcing my intention to amend the Senate tax bill to repeal the individual mandate and provide bigger tax cuts for middle income taxpayers.
The mandate repeal is a promise we all made and we should keep. It also allows an additional $300 billion+ in tax cuts.
The mandate repeal is a promise we all made and we should keep. It also allows an additional $300 billion+ in tax cuts.
My amendment will fix a problem in the Senate bill where many taxpayers would see a tax increase because of the loss of state and local deductions.
I will introduce a similar deduction as the House plan, making the tax reform plan more fair for everyone.
I will introduce a similar deduction as the House plan, making the tax reform plan more fair for everyone.
This will help ensure House acceptance of the Senate plan as leaders there have stated they will not accept a plan with no state and local deductibility. Repeal the mandate fix problems with Senate bill through more tax cuts for all and help ensure House and Senate plans agree.
