Speaker Ryan: Six months of tax reform

It’s been just six months under the new tax law, and already, we’ve seen millions of Americans receive bonuses, workers’ wages increase, one million jobs created, utility rates lowered in 48 states, record levels of unemployment—the list goes on.

In the months leading up to Congress considering tax reform, Speaker Ryan toured businesses around the country to talk about the benefits that would follow should historic reform of our country’s tax code be achieved. That hustle did not stop once Congress passed, and the president signed into law, the Tax Cuts and Jobs Act. These past six months, the speaker has visited dozens of businesses, to hear directly from company leaders and employees about how tax reform has helped improve their lives and businesses.

Here are six of the stops from Speaker Ryan’s tax reform tour:

1. Dallas, TX – Southwest Airlines is one of the hundreds of U.S. companies that has provided its employees with bonuses thanks to tax reform. In April, joined by House Ways and Means Chairman Kevin Brady (R-TX) and Southwest Airlines CEO Gary Kelly, Speaker Ryan heard from employees about how they’ve used their $1,000 bonus checks.

2. Delavan, WI – Vision Plastics, a family-owned, custom injection molding business, has already been able to purchase new equipment because of tax reform. While visiting their factory in April, co-owners Craig and Jamie Hubertz showed Speaker Ryan some of their products.

3. Atlanta, GA – Following tax reform, Home Depot joined hundreds of companies in delivering much-deserved bonuses to many hourly-wage associates. In March, Speaker Ryan visited the company’s Store Support Center to speak with employees about the benefits of the new tax law.

4. Janesville, WI – Wisconsin is first in the nation for manufacturing jobs added in 2018. While touring AMTEC in April, Speaker Ryan met with workers who showed him how they manufacture state-of-the-art equipment for our military.

5. Elkhorn, WI – Palmer Hamilton is another Wisconsin First District business that is seeing the benefits of tax reform after only six months. Speaker Ryan spoke to company leaders about the updated tax code and learned about Palmer Hamilton’s furniture manufacturing process while touring their facility in April.

6. North Prairie, WI – While visiting Zero Zone, a refrigeration manufacturing company, in January, Speaker Ryan spoke with company workers and leadership about how they would benefit from the Tax Cuts and Jobs Act, which became the law of the land only a few weeks prior.

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