This week the House is on the verge of passing historic tax relief for the first time in decades! Our tax code is far too complex and burdensome, and the Tax Cuts and Jobs Act is Congress’ solution. It will deliver much-needed tax relief to families, help our job creators compete and win here at home and around the world, and make the tax code simpler and fairer for all Americans. It will fuel economic growth – leading to more jobs, fairer taxes, and bigger paychecks for Virginians.
Here’s how the Tax Cuts and Jobs Act will impact Virginia’s First District: