Taxes
Before 2017, the federal tax code had not received a major update since the 1980s. It was complex, uncompetitive and burdensome. Thanks to the American voter, Washington finally passed real, comprehensive tax reform that benefits middle-class Americans. The Tax Cuts and Jobs Act has led to record-low unemployment in Wisconsin, including youth unemployment, at a 52-year low nationwide, wage increases, salary bumps, increased benefits, larger paychecks and greater financial security for millions of individuals and small businesses. As many of these important tax cuts are set to expire in 2025, I will fight to preserve this vital tax relief for hard working Wisconsin families and businesses. The less the government takes from its citizens, the more money Americans can use to provide for their families, save for the future and grow our economy. |