Americans deserve the certainty of knowing that the individual tax cuts are permanent
© Getty Images

It’s simple: the American people should be free to keep more of their earnings for themselves and their families. This is a building block necessary for our voluntary civil society to function. For free enterprise to truly work, and for every individual American to have the best chance to succeed, we believe the government needs to get out of the way, allowing financial responsibility and freedom, entrepreneurial ingenuity, and flexibility to thrive.

Many of us ran for Congress on the promise of cutting taxes and putting more of Americans’ hard-earned money back into their pockets where it belongs in the first place. We sought to cut taxes across the board to provide relief for every family while making American businesses more competitive at home and around the world.

ADVERTISEMENT

That is exactly why Congress passed the Tax Cuts and Jobs Act, and why President TrumpDonald John TrumpGrassley: Dems 'withheld information' on new Kavanaugh allegation Health advocates decry funding transfer over migrant children Groups plan mass walkout in support of Kavanaugh accuser MORE signed this historic legislative accomplishment into law. The promises of lower taxes and economic freedom are being delivered by the president and Congress. Standard deductions have doubled. Individual tax rates have been cut. And business rates are truly competitive again for the first time in a generation.

We're barely a month into 2018, but already American workers and families are seeing the benefits from the reduced rates. More than 3 million workers have received increased wages, bonuses, added benefits, and other investments from employers like Home Depot, Bank of America, AT&T, FedEx, and more. Beginning in February, the average family of four in America will see a tax cut this year of over $2,000, and 90 percent of American workers will see more money in their paychecks.

The benefits of America’s new tax code speak for themselves, but we’ve seen no shortage of attempted negative narratives on what tax relief means for everyday Americans. Some may tell you that the tax cuts only benefits the “rich.” Others may suggest that a $1,000 bonus “won’t go very far.” Some might even tell you that thousands of dollars in bonuses or tax cuts amount to only “crumbs.” Even more, others have been critical regarding to the expiration of the individual tax cuts in 2025.

Keep in mind, the individual tax cuts were permanent when the House first passed the bill—but due to Senate budget reconciliation rules, the final bill set them to expire in 2025. The budget reconciliation tool became necessary when Democrat senators unanimously opposed cutting taxes, making a 50 vote threshold the only realistic option.

Therefore, making the individual tax cuts permanent requires a separate legislative action. That’s why, we introduced a bill in the House of Representatives to set the tax provisions for individuals in the Tax Cuts and Jobs Act into permanent law. These are the same individual tax cuts that allow the average family of four in Illinois’ 13th District to save $2,224 and $1,770 for a similar family in North Carolina’s 11th District.

Most importantly, this is a bill to ensure millions of Americans do not see a tax increase after 2025. While it’s unlikely that a future Congress would allow the tax cuts to expire, American families deserve better than the uncertainty that comes along with waiting for future solutions. It’s on the current Congress to pass legislation now to give working families the long-term security they need.

Budget reconciliation won’t be used in this effort, so the bill will need 60 votes in the Senate. This isn’t a fix that one party can carry across the finish line on a party-line vote. Republicans and Democrats will need to join in this effort together. And even in a polarized age such as this one, if there is anything that members of both parties can unite around to deliver for the American people, it’s the certainty of knowing that your tax cuts are here to stay.

Meadows represents North Carolina's 11th District and is chairman of the House Freedom Caucus. Davis represents Illinois' 13th District and is chairman of the Republican Main Street Caucus.