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Wichita Standard

Friday, November 15, 2024

Rep. Estes meets with state leaders advocating for TCJA permanence

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Rep. Ron Estes, U.S. Representative for Kansas 4th District | Congressman Ron Estes Official Website

Rep. Ron Estes, U.S. Representative for Kansas 4th District | Congressman Ron Estes Official Website

Rep. Ron Estes (R-Kansas) met with state leaders from across the country, including Kansas Senate President Ty Masterson, to advocate for the permanent extension of the Tax Cuts and Jobs Act (TCJA). The legislators presented a letter signed by over 330 state legislators from 42 states to Congressional leaders, including Ways and Means Committee Chairman Jason Smith (R-Missouri) and Rep. Estes.

"Extending the provisions of this monumental tax cut are crucial to protecting the American taxpayer, enhancing economic growth, and keeping the country competitive on a global stage," states the letter.

Rep. Estes echoed these sentiments in his remarks. As chair of the Ways and Means U.S. Innovation Tax Team, he emphasized his commitment to preserving and improving TCJA. "Data shows the Tax Cuts and Jobs Act worked and with inflation up 19.9%, our country needs the tax and economic relief this legislation offers more than ever before," said Rep. Estes. "I’m pleased these state leaders came to our nation’s capital to make their voices heard on behalf of their constituents."

He highlighted that TCJA had delivered significant benefits for individuals, small businesses, and even increased revenues for the U.S. Treasury by preventing corporate inversions.

To gather public input on how extending or lapsing TCJA provisions would impact them, the Ways and Means Committee has established a comment portal where stakeholders can share their views until October 15, 2024.

Comments can be submitted via email to RepublicanTaxTeams@mail.house.gov with relevant contact information included.

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