Rep. Estes Applauds Ways and Means Tax Legislation Vote

WASHINGTON – After about 18 hours of debate in the Ways and Means Committee, Rep. Ron Estes (R-Kansas) voted to advance the tax provisions as part of the full budget reconciliation bill. The tax legislation included several priorities from Rep. Estes.
 
"The 2017 Tax Cuts and Jobs Act was a boon for families, small businesses, and our national economy, and allowing key provisions to expire would be devastating for Kansans," said Rep. Estes. "I was pleased that our bill makes the lower tax rates for all Americans permanent, as well as extending and expanding the critical Child Tax Credit and increased standard deduction that benefits Kansas families and workers. Knowing that Americans are innovators and the need to encourage growth in the United States, the Ways and Means Committee included several of my priorities, including immediate expensing for research and development, tax parity for music creators and biofuel producers, and provisions that promote global competitiveness."
 
The tax legislation will be combined with the work from the other committees of jurisdiction, where it will then be marked up by the House Budget Committee, where Rep. Estes also serves.

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