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56 Groups Levy Support for Cutting Taxes

As Republicans work to make the tax cuts for American families permanent with Tax Reform 2.0 this week, 56 conservative groups and activists are levying their support. Since the Tax Cuts and Jobs Act became law, the economy has seen record growth; jobless claims have hit a 49-year low; and real wages have gone up. With the success of this legislation clear, groups ranging from the 60 Plus Association to the Independent Women's Forum to the National Taxpayers Union are calling for the passage of this second round of job creating, economy boosting legislation. Click here or read below to see the full letter of support and the list of supporting organizations. On behalf of the undersigned organizations, we write in support of House passage of Tax Reform 2.0.  This proposal is split into three pieces of legislation: H.R. 6760, the Protecting Family and Small Business Tax Cuts Act, H.R. 6757, the Family Savings Act, and H.R. 6756, the American Innovation Act.  The House should pass all of these bills.  The Tax Cuts and Jobs Act (TCJA) passed last year reduced taxes for Americans at every income level, raised wages and other employee benefits, boosted economic growth, and made the U.S. a more competitive place to do business.  Unfortunately, not all of the tax reduction in TCJA could be made permanent because of liberal obstructionism, arcane Senate rules, and an unwillingness to reduce out-of-control federal spending. Due to these constraints, lawmakers were forced to sunset the individual tax provisions starting in 2026.  The Protecting Family and Small Business Tax Cuts Act will address this by making individual and small business tax cuts permanent Because of TCJA, 90 percent of wage earners are seeing higher take-home pay. This year, a family of four with annual income of $73,000 will see a tax cut of $2,058—a 58 percent reduction in federal taxes.  Americans are seeing a simpler, fairer tax code due to the doubling of the standard deduction, the reduction in the Alternative Minimum Tax, and the reduction in the death tax.  Small businesses also see tax relief through the creation of a 20 percent deduction for businesses organized as pass-through entities.  In addition to making these provisions permanent, Tax Reform 2.0 builds on the success of TCJA and further improves the tax code.  The Family Savings Act strengthens tax-advantaged savings accounts so that Americans have more money for retirement, education, and other expenses. The legislation updates retirement accounts so that businesses have more flexibility to set up and contribute to plans and workers have more flexibility to invest and save for retirement. The bill also creates new, universal savings accounts which allow families to save and invest $2,500 of their own after-tax earnings. 529 education savings accounts are expanded so that families can use these funds on apprenticeship programs and to cover home schooling expenses.  The American Innovation Act encourages innovation and entrepreneurship. The legislation allows businesses to recover more start-up expenses and also allows start-ups that bring in new investors to retain access to important tax benefits like the Research & Development tax credit.  Since it was signed into law, TCJA has reduced taxes for businesses and families, increased take-home pay, and spurred American innovation and competitiveness.  Tax Reform 2.0 will build on this success by making individual and small business tax cuts permanent, expanding tax-advantaged savings accounts, and allowing businesses to recover more start-up costs.  We therefore urge prompt floor passage of the Tax Reform 2.0 package and encourage all members of Congress to support the legislation.  Sincerely, Grover Norquist President, Americans for Tax Reform  James L. Martin Founder/Chairman, 60 Plus Association  Saulius “Saul” Anuzis President, 60 Plus Association  Phil Kerpen President, American Commitment  Matt Schlapp Chairman, American Conservative Union  Steve Pociask President, American Consumer Institute  Lisa B. Nelson CEO, ALEC Action  Tom Giovanetti President, Americans for a Strong Economy  Dan Weber Founder & President, Association of Mature American Citizens  Norm Singleton President, Campaign For Liberty  Ryan Ellis President, Center for a Free Economy  Andrew F. Quinlan President, Center for Freedom and Prosperity  Jeffrey Mazzella President, Center for Individual Freedom  Olivia Grady Senior Fellow, Center for Worker Freedom  Chuck Muth President, Citizen Outreach (Nevada)  Matthew Kandrach President, Consumer Action for a Strong Economy  Tom Schatz President, Council for Citizens Against Government Waste  Iain Murray Vice President for Strategy & Senior Fellow, Competitive Enterprise Institute  Katie McAuliffe Executive Director, Digital Liberty  Palmer Schoening President, Family Business Coalition  Richard Watson Chairman, Florida Center Right Coalition  Adam Brandon President, FreedomWorks  George Landrith President, Frontiers of Freedom  Victor Riches President & CEO, Goldwater Institute (Arizona)  Ray Chadwick Chairman, Granite State Taxpayers (New Hampshire)  Tim Chapman Executive Director, Heritage Action for America  Rodolfo E. Milani Trustee, Hispanic American Center for Economic Research  Mario H. Lopez President, Hispanic Leadership Fund  Carrie Lukas President, Independent Women’s Forum Heather R. Higgins CEO, Independent Women’s Voice  Andrew Langer President, Institute for Liberty  Sal J. Nuzzo Vice President of Policy, The James Madison Institute (Florida)  John Dodd President, Jesse Helms Center (North Carolina)  Dave Trabert President, Kansas Policy Institute  Seton Motley President, Less Government  Mary Adams Chair, Maine Center-right Coalition Meeting  Jameson Taylor, Ph.D. Vice President for Policy, Mississippi Center for Public Policy  Pete Sepp President, National Taxpayers Union  The Honorable William O’Brien Former Speaker, New Hampshire House of Representatives Co-Chair, New Hampshire Center-Right Meeting  The Honorable Stephen Stepanek Former Chairman, Hew Hampshire House Ways & Means Committee Co-Chair, New Hampshire Center-right Meeting  Jack Boyle Executive Director, Ohioans for Tax Reform  LaVerne Jones Gore Chairman, The Ohio Diversity Coalition  Jeff Kropf Executive Director, Oregon Capitol Watch  Josh Crawford Co-Executive Director, Pegasus Institute (Kentucky)  Jordan Harris Co-Executive Director, Pegasus Institute (Kentucky)  Daniel Erspamer CEO, Pelican Institute for Public Policy (Louisiana)  Lorenzo Montanari Executive Director, Property Rights Alliance  Derrick Hollie President, Reaching America  Mike Stenhouse CEO, Rhode Island Center for Freedom and Prosperity  Paul Gessing President, Rio Grande Foundation (New Mexico)  Karen Kerrigan President & CEO, Small Business & Entrepreneurship Council  Niraj J. Antani State Representative, Ohio House of Representatives Chair, Ohio Center-right Meeting  David Williams President, Taxpayers Protection Alliance  Judson Philips President, Tea Party Nation Tom Zawistowski President, We the People Convention  Amy Kremer Chairman, Women for Trump