Nancy Pelosi called the GOP tax plan bill, “Armageddon.”
But the Tax Foundation says it is pro-growth and will
- increase revenues by $600 billion,
- lift the GDP by 1.7%, boost wages by 1.5%, and
- add 339,000 full-time jobs to the economy.
Hardly the end of the world.
I got this in an email from Heritage Action for America:
The 2016 election provided a once in a generation opportunity for tax reform. And thanks to your efforts, the Republican-controlled Congress has delivered a huge accomplishment for the conservative movement and America as a whole.
Thirteen months ago, the American people spoke with a firm and resounding message — they demanded sweeping tax reform and lower taxes for everyone!
And this time — Congress listened. Republicans in Congress passed the Tax Cuts and Jobs Act, which will help middle class families keep more dollars in their pockets, small business will get the chance to grow and thrive, and large business are now able to bring jobs back to America and increase the wages of workers.
This video is really worth watching.