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Taxes

Taxes affect all of us and ensuring that taxes remain low is an important part of my work in Congress.

I strongly support a pro-growth comprehensive tax reform package that will help create American jobs, grow the economy and ensure individuals and small business owners are treated fairly.

Tax Reform

Our current tax code is too long, too complex and is a drag on the economy. The current tax code is over four million words – longer than the bible and growing every day. The last time comprehensive tax reform passed Congress was in 1986 under President Ronald Reagan.

As a result, American families and small businesses spend countless hours each year filing their taxes. I have long supported an approach that not only makes the tax code and the tax filing process simpler, but also keeps more money where it belongs: in your pocket.

We must simplify the tax code and lower the overall tax rate for both individuals and small businesses. We must also streamline other areas, including the collection, enforcement and filing process.

In order to continue to innovate and grow, American businesses need to compete on a level playing field. The United States currently has one of the highest tax rates for businesses in the world. Eliminating loopholes and lowering the effective tax rate will encourage job creators to reinvest more money in the economy, promoting a healthy economy for all Americans and broadening the tax base.

Small Businesses


As a small business owner for over 20 years, I understand the importance of supporting our nation’s entrepreneurs and reducing the federal burdens placed on them. By supporting small businesses, we open new markets for American products, decrease prices for consumers and create better American jobs.

All too often, I hear from small business owners about the federal government’s over-burdensome tax code and the fear they have about the devastating impact irresponsible political rhetoric will have on the way their business operates.

The bottom line is that we must reduce the income tax rates for all Americans. Because so many small business owners pay taxes as individuals, lower individual tax rates will provide tremendous relief to local job creators and help spark economic activity in our District and across the country.

More on Taxes

September 28, 2018 E-Newsletter
Dear Friends,
 
The Tax Cuts and Jobs Act, which I was proud to vote for last year, has helped turbocharge our economy from the many years of slow growth that we saw under President Obama. 
 
Since President Trump signed tax reform into law last December, more than 430 companies have announced pay raises, bonuses or 401(k) hikes, benefiting more than 4 million Americans. In total, 1.7 million new jobs have been created, while the average Texas family has saved more than $2,000 thanks to tax reform. 
 
June 13, 2018 Opinion
By U.S. Rep. Kay Granger 
 
Fort Worth Star-Telegram 
June 13, 2018 12:21 PM CST
 
Six months ago, Congress passed the most sweeping, pro-growth tax reform since the 1980s. It’s already producing results: higher salaries, more job opportunities, and faster economic growth.
 
December 20, 2017 Page

Dear Friend,

There are countless reasons why we love living in Texas. One of those reasons is that as residents we don’t pay a state income tax.

Since we don’t have a state income tax, Texans have been able to, over the last several years, deduct state and local sales taxes when filing their federal income tax returns. This provides some parity with other states who can deduct their state and local income taxes when filing their returns.

December 18, 2015 Press Release

WASHINGTON, DC – Congresswoman Kay Granger issued the following statement on the passage of the Protecting Americans from Tax Hikes Act of 2015, which extends many of the most popular federal tax deductions:

January 22, 2015 E-Newsletter

Dear Friend,

December 22, 2014 E-Newsletter

Dear Friend,

In January, I first wrote to you about an important tax deduction that would expire at the end of this year if Congress didn’t act.

In Texas, since we don’t have a state income tax, we are able to deduct state and local sales taxes when filing federal income tax returns. This provides some parity with other states who can deduct their state and local income taxes when filing their returns.

November 26, 2014 Article

Congressional leaders appeared near a deal late Tuesday to renew some $450 billion in tax deductions cherished by consumers, citizens and companies alike, including a long-standing sales tax deduction for Texans.

The White House called it a bad deal and vowed a veto, though it faces a tougher Congress in January when Republicans take over the Senate.

May 1, 2014 E-Newsletter

Dear Friend,

On Monday, the House passed the Digital Accountability and Transparency (DATA) Act, S. 994, with strong bipartisan support. The DATA Act is a commonsense bill that would allow the public to track every dollar spent by federal agencies and help Congress find ways to eliminate waste and fraud by making the reporting requirements more transparent and readily available for scrutiny.

January 21, 2014 E-Newsletter

Dear Friend,

There are countless reasons why we love living in Texas. One of those reasons is that as residents we don’t pay a state income tax.

Since we don’t have a state income tax, Texans have been able to, over the last several years, deduct state and local sales taxes when filing their federal income tax returns. This provides some parity with other states who can deduct their state and local income taxes when filing their returns.

August 2, 2013 E-Newsletter

Dear Friend,

Every few weeks, it seems like there is another report about abuse and scandal within the IRS and other federal agencies – a single conference for IRS officials that cost $4 million, travel expenses for senior government officials that amounted to $9 million over two years, the targeting of conservative groups filing for tax-exempt status, and the list goes on.

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