A win for all Americans

The analysis is clear – the tax reform bill is going to deliver big wins for all Americans, in every tax bracket, as well as American businesses.

That’s huge.

According to the Tax Foundation:

The House Tax Cuts and Jobs Act represents a dramatic overhaul of the U.S. tax code. Our model results indicate that the House Tax Cuts and Jobs Act would be pro-growth, boosting long-run GDP by 3.9 percent and increasing the domestic capital stock by 10.6 percent. Wages, long stagnant, would increase by 3.1 percent, while the reform would produce 975,000 new jobs.

Let’s break down some of those numbers…

• 975,000 – the number of new jobs expected to be produced as a result of this bill, since businesses will have to pay less in taxes and therefore earn more revenue
• 3.1 – the percentage individual wages will increase, again, thanks to businesses receiving a tax break
• 3.9 – the expected increase in GDP, because Americans will be earning more and keeping more of their paycheck, giving them more money to put back into the American economy

The numbers are clear. This tax bill delivers huge wins for Americans across the board.

Republicans are onboard with giving Americans a huge tax break. Are the Dems?