WASHINGTON, D.C. – Today, U.S. Senator Thom Tillis (R-NC) voted in favor tax reform legislation that passed the Senate. The House is expected to vote on the legislation today and will head to the President’s desk to be signed into law.
“This tax reform package fulfills a long-standing promise to deliver tax relief that benefits hard-working Americans across our nation. Starting early next year, most North Carolina families will notice bigger paychecks as the federal government withholds less of their hard-earned money because of newly lowered tax rates and a significantly larger standard deduction. This historic legislation also provides a major boost to American businesses and makes our private sector even more competitive at the global level, which in turn will lead more jobs, higher wages for workers, and stronger economic growth. Today is a big win for American families and the American economy.”
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