This tax reform bill is a huge victory for middle class families across Texas and the country https://www.facebook.com/tedcruzpage/posts/10155832561207464 …
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And because we’ve significantly lowered the corporate tax rate, businesses that have fled overseas to escape our high corporate taxes will bring jobs and roughly $2.9 trillion in capital back to the American economy.
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Texas taxpayers will now be able to write off up to $10,000 in property taxes, a measure I fought to maintain. Further, it includes my Student Opportunity Amendment, which prioritizes the education of the next generation by expanding 529 College Savings accounts.
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Parents can now save up to $10K per year per child to use for K-12 education expenses in public, private, and religious schools.
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While I would have preferred to see the education of every child prioritized – including homeschool students – I will continue working with my colleagues in Congress to expand school choice and opportunity.
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This legislation marks a significant step toward fulfilling our promise to provide the American people real, fundamental tax relief.
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I will continue fighting to give every Texan, and every American, the ability to keep more of their hard-earned money and spend it as they wish, not as the federal government commands.
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Everyone’s a millionaire in Texas
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A win for Americans with a taxable yearly income over $1 million you mean.
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In particular, One Texan... You the
#Traitor tell the citizens how much their taxes go up once their#Temporary cuts run out. Tell us Teddy. I dare you to tell us how much our taxes go up. This is a travesty and insult to us all.pic.twitter.com/mHSeYRLzHS
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Good for Texas. It’s also a win for Oklahoma.
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