Yoho Votes to Take Historic Tax Reform to Next Step
Washington, D.C. – Congressman Ted S. Yoho (R-FL) voted in favor of H.R. 1 -the Tax Cuts and Jobs Act. The House bill to reform our nation’s outdated tax code passed by a vote of 227 to 205. Congressman Yoho released the following statement:
“Today’s vote takes us one step closer to meaningful tax reform that will benefit all Americans and our economy. I want to thank Ways and Means Committee Chairman Kevin Brady and the full committee staff for all their hard work and heavy lifting.
“House Republicans’ goals for reforming our tax code have always been straightforward: simplify a very complicated tax system, allow working families to keep more of their hard-earned money, stimulate the economy and create jobs. I believe these are goals that everyone can agree on.
“Today’s vote is part of a process to produce a final bill to be sent to the president. The legislation that passed today is not law. Now that the House has passed our version of tax reform, we wait for the Senate to pass their version during the next few weeks. Once we have a Senate version, both bills will go to conference, and all differences will be resolved before a final vote.
“I am a taxpayer, a father of three, and a former small business owner. I believe individuals and families know how best to spend their hard earned money, not the federal government. The tax code should enable businesses to expand and grow our economy, and should not be a hurdle for them to jump over or work around. The Tax Cuts and Jobs Act is a good faith effort to relieve the tax burden on American families and create a system that will stimulate our economy. Today we are one step closer to making this a reality.”