Peterson statement on GOP tax bill

Dec 19, 2017 Issues: Tax Reform

Congressman Collin C. Peterson made the following statement after the U.S. House of Representatives passed H.R. 1.

“While many people will get a modest temporary tax cut under the Republican tax bill, others will see their taxes go up if they face high medical expenses, pay high state and local taxes, or have families with many children,” Peterson said. “I can’t support a bill that will make the tax system more complicated for many small businesses while adding up to $2 trillion to the nation’s debt. This bill was a missed opportunity to promote real economic growth, simplify our tax code, and help the middle class.”