Tax Reform Bill in Senate Includes Improvements Rep. Poliquin Strongly Supports
WASHINGTON – A comprehensive tax reform proposal, which will double the standard deduction for the average Maine family and retain the highest tax rate for top earners, had improvements made to it by Senator Susan Collins (ME) and others that Congressman Bruce Poliquin (ME-02) strongly supports. Congressman Poliquin released the following statement:
“Mainers deserve a tax break,” said Congressman Bruce Poliquin. “We’re going to deliver it to them.
“Earlier this month, I voted to move the tax proposal forward in the House, trusting the Senate would continue to work on it and improve it. Now, they are doing their work, like we did in the House.
“My colleague Senator Collins helped to make improvements to this proposal that I strongly support and that will benefit Maine families and small businesses, such as retaining the medical expense deduction and improving the provision dealing with historic tax credits. Senator Collins and I have both said there are problems with ObamaCare, the Affordable Care Act, that we need to fix, and I’m pleased this new law starts to fix those problems.
“As the Senate works to finalize and vote on this tax reform proposal, I look forward to continuing our work, across the aisle and across the Capitol, to finish this landmark tax reform proposal to help our Maine families keep more of their hard-earned money and to giving our small businesses—the backbone of Maine’s economy—relief so they can grow and create more jobs for our fellow Mainers.”