“We are very close to giving working, middle-class families additional help in the form of larger paychecks, an expanded child tax credit, and a simplified system where more than nine in 10 taxpayers will be able to entirely avoid the complex and time-consuming process of itemizing their deductions,” Hatch said at the first meeting of the committee.
“And, we are very close to achieving the bipartisan goal of reducing our corporate tax rate and fixing our international tax system so that we can grow our economy, keep our businesses competitive in the global marketplace, and keep investment, economic activity, and jobs from moving offshore.