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Congressman Smith Says Tax Reform Will Spur Economic Growth

Congressman Smith Says Tax Reform Will Spur Economic Growth

Photo: WNAX


Nebraska Congressman Adrian Smith says tax reform will spur economic growth.

Smith is pleased the House has approved the 1-point-5(T)Trillion dollar tax bill. It cuts the corporate tax rate from 35-percent to 20-percent and provides incentives for investment.  .  .

Smith serves on the tax-writing Ways and Means Committee.

Smith would like to swap the current deduction on mortgage interest with a tax credit applied either to mortgage interests or property taxes. . .

Smith says they hope the final version of the bill is delivered to the President by the end of the year.