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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

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Get the Facts! 5 Common Tax Reform Myths Debunked

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Unread 05.14.18, 11:27 PM
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Get the Facts! 5 Common Tax Reform Myths Debunked

05.14.18 06:24 AM

Have you spoken with a friend, family member or neighbor about tax reform lately? The passage of the Tax Cuts and Jobs Act was a historic victory for millions of everyday Americans. Hundreds of companies have*responded to tax reform*by increasing pay, expanding worker benefits, giving out bonuses, planning new investments at home and creating new jobs. Sadly, there is a LOT of misinformation about tax reform floating around! Opponents are dead-set on undermining the new tax law and rolling back its benefits by spreading myths about it. Read some of the most common falsehoods about tax reform below and get the facts to share with your family and friends: MYTH #1: Tax Reform Raises Taxes on the Middle Class* FACT:*The Majority of Americans Will See Lower Taxes While opponents of tax reform claim it will hurt working-class families, the facts tell a different story. The U.S. Treasury Department estimates that 90 percent of wage earners will see more take-home pay. Many Americans already are*seeing bigger paychecks. According to the*House Ways and Means Committee, a typical family of four earning $73,000 will see a tax cut of $2,059. Thatís more money in the pockets of families to save, spend or invest. […]

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