We should not be satisfied with the historically low economic growth rate of the past decade. After years of soaring unemployment rates, runaway government spending, and a regulatory environment that is hostile to job creators, our economy is finally starting to recover. This recovery has been made possible by Congress working with President Trump to repeal burdensome regulations placed on employers by the previous administration. Government spending and regulation will not lead us to prosperity – only a vibrant private sector will.
Reforming the U.S. tax code is another key component to building economic momentum and growing our workforce. The United States has one of the highest corporate tax rates in the world, and this tax rate is driving American companies to send their manufacturing and customer service jobs abroad. Lowering the corporate tax rate will keep large businesses from sending jobs overseas, and a simpler tax code would allow small businesses to save money and grow.
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WASHINGTON, DC: On November 16, the U.S. House of Representatives passed H.R. 1, the Tax Cuts and Jobs Act. This legislation is the first major reform to the federal tax code since 1986. Congressman Andy Harris (MD-01) voted in favor of the Tax Cuts and Jobs Act, and released the following statement in support of its passage:
SALISBURY, Md. - Eastern Shore representative Andy Harris held a town hall meeting at Wicomico High School Saturday afternoon for a discussion centering around tax reform.
Other topics were discussed relating to economics, including addressing the deficit, and creating a budget amendment, with some unrelated to economics, including gerrymandering and the lack of women in government.
Harris says the way to reduce the deficit is not to raise taxes, but to cut taxes to grow the economy.
WASHINGTON, DC: On November 2, the U.S. House of Representatives unveiled its tax reform plan, entitled the Tax Cuts and Jobs Act. Congressman Andy Harris (MD-01) issued the following statement in support of the legislation:
WASHINGTON, DC: On October 26, the U.S. House of Representatives passed the Fiscal Year 2018 Budget Resolution. Congressman Andy Harris (MD-01), released the following statement lauding its passage:
MARYLAND - The new Republican tax plan is out and there are conflicting viewpoints from political leaders on the eastern shore.
Representative Andy Harris says this plan delivers on the president's promise to invigorate business while increasing the pay checks for average Americans.
Harris says these tax breaks will help bring manufacturing jobs back to the shore. The plan includes a decrease in taxes on small businesses from 39.6 percent to 25 percent. The plan also includes a drop in corporate tax rate to 20 percent.
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Ocean City’s economy depends heavily on summer tourism and seasonal workers. I have always supported efforts to ensure Maryland’s businesses can find the employees they need to succeed.
A recent story misstated my position on the J-1 visa program, which allows foreign students to come to America temporarily to work and experience our culture. Since the inability to find American summertime workers has been an ongoing challenge for small businesses in Ocean City, I have consistently supported the J-1 visa program.
WASHINGTON, DC: On September 6, the U.S. House of Representatives passed a $7.85 billion emergency funding bill for Hurricane Harvey response and recovery. Two days later, on September 8, the House passed an amended version of the relief package that included raising the debt ceiling. Congressman Andy Harris (MD-01) issued the following statement on his votes: