Representative Diane Black: Historic Tax Cuts and Jobs Act Passes Committee
Rep. Black Fights for Adoption Tax Credit
Washington, D.C. – Congressman Diane Black (R-TN-06) released the following statement after the U.S. House Ways and Means Committee passed the Tax Cuts and Jobs Act:
“This is an historic day, not only for the Ways and Means Committee, but for the American people. We promised a fairer, flatter and simpler tax code, giving middle income families much needed relief from our current code, and we did just that. For my home state of Tennessee, this will create roughly 20,000 new jobs and will allow families to keep $2,200 after-tax income. We promised more of your paycheck in your pocket and we delivered.
I am also profoundly grateful to see that the Adoption Tax Credit is included in the final bill. Adoption has changed my own life and made my family whole, and I am very proud to fight alongside families willing to open their hearts to children in need of a forever home. We can’t change the high cost of adoption overnight, but we can ensure our tax laws provide help to offset that expense. I want to thank Chairman Brady for the work he has done to shepherd this legislation all the way through Committee and I am proud of what we have accomplished. We still have work to do, but the passage of this bill is a significant step toward jumpstarting our economy.”
Click HERE to watch Rep. Black speak in support of the Adoption Tax Credit during the Ways and Means markup.