The greatest change to the U.S. tax code in over 30 years, which I strongly supported, was signed into law last month. Yet its impact is already being felt – companies are hiring, employment is up, take home pay for working families has increased, junior employees are receiving end-of-year bonuses, the stock market soars and the list goes on. Individuals, families and employers all get a tax break. According to the Brookings Institute, 81 percent of taxpayers will see a tax cut, averaging $2,000...
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The indictments of two top Trump campaign leaders won't slow the president's tax reform plans in the House, U.S. Rep. Doug Lamborn said Monday. Congress is working on the tax plan inspired by President Donald Trump's campaign trail pledge to cut corporate rates. Republicans, including Lamborn, have touted the tax package as a boon for the middle class that will simplify taxes for all Americans. Monday, as lawmakers readied to roll out their tax bill, former Trump campaign manager Paul Manafort a...
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No one in their right mind chooses complexity over simplicity. Taxpayers deserve a simple tax code and a simple way to file taxes each year, instead of the convoluted monstrosity of a tax code we have now. It has been said that although the Internal Revenue Code is twice the length of the Bible, it has none of the good news. Our tax code hasn’t been meaningfully reformed in over 30 years. It is cluttered with seemingly endless complications, regulations, rules and loopholes — all creating signif...
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Congressman Lamborn issued the following statement following the Senate's failure to pass the Health Care Freedom Act. “I am disappointed that the Senate failed in its efforts to repeal portions of Obamacare. While the legislation was incomplete, it did get rid of the heavy handed individual mandate, the employer mandate that has hurt jobs across the country, the medical device tax which has stifled medical innovation, and defunded Planned Parenthood. The status quo is unacceptable and we should...
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Congressman Doug Lamborn has been awarded the title of “Taxpayers’ Friend” by the National Taxpayers Union (NTU). The award recognizes Congressman Lamborn’s strong voting record in favor of lower taxes, limited government, and economic freedom. Pete Sepp, President of NTU made the following comments about the award: “Winning the Taxpayers’ Friend Award is no easy feat. It takes a daily commitment to cast principled votes that put the Americans who pay government’s bills first. Congressman Lambor...
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