To live under the American Constitution is the greatest political privilege that was ever accorded to the human race. Calvin Coolidge
o Provided more than $5.5 trillion in gross tax cuts, nearly 60 percent of which will go to families.
o Increased the exemption for the death tax to help save Family Farms & Small Business.
o Nearly doubled the standard deduction for individuals and families.
o Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction.
o Doubled the child tax credit to help lessen the financial burden of raising a family.
o Lowered America’s corporate tax rate from the highest in the developed world to allow American businesses to compete and win.
o Small businesses can now deduct 20 percent of their business income.
o Cut dozens of special interest tax breaks and closed loopholes for the wealthy.
ROLLING BACK RED TAPE: President Trump is rolling back costly regulations that have burdened hardworking Americans and stifled innovation.