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Thursday, November 21, 2024

Luetkemeyer Responds to Passage of Tax Relief Bill

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Rep. Blaine Luetkemeyer, U.S. Representative for Missouri's 3rd District | Rep. Blaine Luetkemeyer Official U.S. House headshot

Rep. Blaine Luetkemeyer, U.S. Representative for Missouri's 3rd District | Rep. Blaine Luetkemeyer Official U.S. House headshot

Today, Congressman Blaine Luetkemeyer (MO-3) expressed his satisfaction with the successful passage of the Tax Relief for American Families and Workers Act. In a statement, he highlighted the positive aspects of the legislation and emphasized the need for support from the Senate.

“House Republicans took a massive step toward extending President Trump’s tax plan from 2017. The Tax Relief for American Families and Workers Act encourages American innovation, supports small businesses, punishes China, gives back to families, and cracks down on fraud and waste,” said Rep. Luetkemeyer.

He further urged the Senate, particularly Sen. Chuck Schumer and the Democrats, to not obstruct the efforts to provide relief for American taxpayers. The proposed legislation builds upon the tax code reforms introduced by President Donald Trump in 2017. By enhancing the Child Tax Credit, the reforms aim to reduce fraud and provide maximum relief for American families.

Additionally, the legislation includes measures to support small businesses by allowing them to increase their write-offs. It also introduces tax relief measures for U.S.-Taiwan investment and extends rules for disaster-related losses. Furthermore, the legislation addresses the housing crisis and cracks down on wasteful spending related to the COVID-19 pandemic.

The Tax Relief for American Families and Workers Act now moves to the Senate, where its fate will be determined. It is hoped that the Senate will recognize the importance of providing relief to American taxpayers and will support the legislation.

In conclusion, the successful passage of the Tax Relief for American Families and Workers Act in the House of Representatives has been met with approval from Congressman Blaine Luetkemeyer. He has emphasized the positive impact of the legislation on American families, small businesses, and the economy as a whole. The ball is now in the Senate's court, and it is expected that they will act in the best interest of the American people by supporting this important bill.

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