Shimkus Votes for Tax Cuts and Jobs Act

john-shimkus

Illinois 15th District Congressman John Shimkus voted Thursday for H.R. 1, the Tax Cuts and Jobs Act. Shimkus says the legislation delivers on President Trump’s promise of meaningful relief for low- and middle-income taxpayers, and reduces business taxes so American employers can grow, create jobs, and raise wages. Shimkus also said that more than 80 percent of his constituents take the standard deduction instead of itemizing on their tax returns and that this bill would nearly double that standard deduction, which means the first $12,000 earned by individuals, and the first $24,000 earned by married couples, would be protected from federal income taxes.