Southern West Virginia News

WASHINGTON, D.C. - Congresswoman Carol Miller (R-WV) expressed her support for the passage of the Tax Relief for American Families and Workers Act in the Ways and Means Committee. The bipartisan and bicameral tax package aims to strengthen the financial security of working families, promote pro-growth economic policies, and empower businesses and communities across the United States.

In a statement, Congresswoman Miller emphasized the significance of the bill's passage, stating, "The Tax Relief for American Families and Workers Act in the Ways and Means Committee shows Americans that Republicans and Democrats alike support tax priorities that stimulate the United States' economic growth." She further highlighted the legislation's focus on championing American businesses, increasing competition against China, and eliminating wasteful spending. Miller expressed her optimism for the bill's passage in the House of Representatives and the Senate, emphasizing the importance of Congress working for the American people.

The Tax Relief for American Families and Workers Act of 2024 builds upon the economic successes of the GOP's Tax Cuts and Jobs Act from 2017. It locks in pro-growth tax policies, enhances competitiveness with China, and supports Main Street businesses and the revitalization of American communities. Additionally, the bill aims to eliminate fraud and waste by cutting off funding for COVID-era spending programs.

One of the key provisions of the legislation is the maintenance of a Child Tax Credit structure that rewards work. By incentivizing employment, the bill seeks to strengthen the financial well-being of families and promote economic stability.

The Tax Relief for American Families and Workers Act sets the stage for the economy to regain its pre-pandemic strength, with projections indicating a return to prior economic levels starting in 2025.

The passage of this bill demonstrates bipartisan support for tax measures that prioritize American families and businesses. With its focus on economic growth and financial security, the legislation showcases a united effort to strengthen the nation's economy and enhance the lives of the American people.