TOP 10 tax cuts in Senate bill
The Senate passed a tax cut bill that preserved the TOP 10 provisions outlined by Grassfire prior to the vote. Despite efforts by some to gut the tax cut bill with $400 billion in new tax increases, the final vote did preserve the top tax cuts, making this the largest tax-cut in American history and the most significant tax-cut reform in more than three decades.
Go here for a good summary of the Senate bill.
Here are the TOP 10 PROVISIONS IN THE SENATE TAX REFORM BILL:
#1 — Lowers tax rates for hard-working Americans.
#2 — Nearly doubles the standard deduction for individuals and married couples.
#3 — Eliminates the “marriage penalty” that causes married couples to pay more in taxes than unmarried.
#4 — Doubles the child tax credit to $2,000 per child.
#5 — Preseves the adoption tax credit and allows parents to save for eduction of children during pregnancy.
#6 — Repeals the punitive alternative minimum tax.
#7 — Greatly reduces the Death Tax.
#8 — Lowers the corporate tax rate to 20%, making America competitive with the world again.
#9 — Reduces the tax burden on America’s small businesses by reducing taxes on “pass through”‘ income and allowing more deductions for business expenses.
#10 — Fixes punitive double taxation on overseas income to bring investment capital back to America.
(and one bonus….)
#11 — Eliminates the ObamaCare Mandate tax that hits lower to middle income families the most.
The average family of four will save over $1,000 in taxes in the first year of implementation, and businesses will be set free to grow.
+ + Fax All Seven Tax Cut Fence Sitters Now!
With the Senate expected to vote next week, we want to FLOOD the seven GOP tax cut fence sitters with faxes from citizens across the country.
That’s why we modified our Tax Cuts FaxFire to include ALL SEVEN fence-sitting GOP members. Your faxes will be sent immediately!
Go here now to schedule your “Cut Our Taxes” FaxFire to your Iowa Senators and the seven fence sitting GOP Senators right now:
This is the most significant tax reform bill before Congress since the Reagan years, and offers many important tax benefits for working families. But it all could die in the Senate next week unless your Iowa Senators and the seven fence-sitters hear from citizens like you.
Please take action now to schedule your faxes today!