Jason Smith tweeted the following:
"The Biden Budget would undo these gains by letting TCJA expire.Middle-class families would be hit by a $2,000/year tax increase. Meanwhile, Democrats want to give millionaires a $700 billion tax cut with the return of the full SALT deduction."Read on Twitter
Here are other recent tweets from Jason Smith:
"Individual tax revenues are also soaring, higher than CBO's projection for 2021 and 2022 both before and after TJCA was passed.Tax revenue grew and is still growing beyond expectations."Read on Twitter
"Contrary to Democrats' doom and gloom narrative, the Trump tax cuts worked. Its clear that Washington has a massive spending problem, not a revenue problem. With historic tax relief, revenues are rocketing to historic highs."Read on Twitter
"Corporate tax revenues for 2022 are on pace to be higher than the Congressional Budget Office's projection even before TCJA passed.This year, revenues are projected to be nearly $100 billion over what was projected after TCJA passed."Read on Twitter
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