WASHINGTON, DC - Today, Congressman Brian Fitzpatrick (PA-1) released the following statement on being chosen by the Ways and Means Committee to Chair the American Working Families tax team:

“Our nation stands at a pivotal economic crossroads and is fighting for competitiveness in an ever-expanding 21st-century global landscape. With many provisions of the Tax Cuts and Jobs Act of 2017 set to revert to their previous state at the end of 2025, as stated by the nonpartisan Tax Foundation, ‘most taxpayers will see a tax hike unless some or all provisions are extended.’

Our hardworking American families are facing the most substantial tax hike in our nation’s history, and it is incumbent upon us to exhaust every avenue to shield them from bearing the brunt of this burden and not take more out of their pockets.

Should the 2017 tax cuts expire, an average working family of four earning $75,000 would see a tax increase of $1,500 a year, on top of the current challenges of inflation and rising costs, which has already raised prices by 19 percent.

I thank Chairman Smith for this opportunity to lead the Working Families Tax Team and look forward to working with my colleagues to develop legislative solutions that will protect and support our working families and ensure a strong American workforce with prosperous economic gains,” said Congressman Fitzpatrick.

Congressman Fitzpatrick will also serve as a member of the American Workforce Tax Team.

Click here to read the Ways and Means Committee Tax Teams announcement.

BACKGROUND:

The Working Families Tax Team is one of ten tax teams created by Ways and Means Committee Republicans to hold listening sessions with American families and job creators in an effort to develop legislative solutions.