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New GOP Tax Package Would Put $4,000 Back In American Families’ Pockets

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  • House Republicans are unveiling a tax package on Friday that aims to put an additional $4,000 in the pockets of American families  and includes a host of tax breaks for small businesses as well as individuals.
  • Ways and Means Committee Chair Jason Smith, R-Mo., said the package is a product of his panel’s field hearings throughout the U.S. this year, in which they heard from business owners and other Americans in West Virginia, Oklahoma, New York and other places.
  • Smith said the bill “pulls together critical ideas introduced by Ways and Means Committee members in response to needs and concerns voiced by the American people.”
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