Ryan: Tax Reform Will Help Workers and Families
WASHINGTON—House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement in response to House Ways and Means Committee Chairman Dave Camp’s tax-reform proposal:
“My friend Chairman Dave Camp has put together a bold plan to fix our broken tax code. His plan would get this economy growing and offer much-needed relief to families and workers.
• This plan will create up to 1.8 million new jobs.
• GDP growth will increase by $3.4 trillion (the equivalent of 20 percent of today’s economy).
• The average middle-class family of four will gain an extra $1,300 a year.
• 95 percent of filers will get the lower possible tax rate by claiming the standard deduction.
To learn more, visit http://tax.house.gov