The Center for Freedom and Prosperity joined a coalition of 15 free-market groups in opposition to the Rubio-Lee amendment to the Tax Cuts and Jobs Act.
At a time when pro-growth tax reform is finally within reach, it is extremely irresponsible to seek to cannibalize the most important provisions for growth in order to provide even more handouts to favored voting blocs. Rather than narrowly focusing on gimmicks to temporarily increase certain after-tax incomes, the Senators, if they are truly concerned about the welfare of families, should keep in mind the overriding importance of long-run economic growth.
With faster growth, all Americans–families included–will see higher incomes without the need to undermine the primary goals of creating a tax code that is simpler and less destructive. Senators should reject the Rubio-Lee amendment in order to move forward with pro-growth tax reform.