Taxes

Yesterday, I  filed an amendment to the Senate’s tax reform bill that seeks to expand 529 College Savings Plans to include K-12 elementary and secondary school tuition for public, private, and religious schools, including K-...
Today at a press conference, I discussed what tax reform legislation means for the American economy and the importance of passing the Senate’s Tax Cuts and Jobs Act. Excerpts of my remarks are below, and video of my remarks...
I released the following statement applauding the passage of the pro-growth tax reform package:
Today I voted in support of The Tax Cuts and Jobs Act, which raises take-home pay and creates jobs. The bill passed 227-205.
Recently on the Senate floor, I urged my Democrat colleagues in the Senate to join the Republican effort to overhaul our outdated tax code and continue their support for tax reform principals they have endorsed in the past...
I released the following statement in response to the Labor Department’s October 2017 jobs report:
It’s no secret that our tax system is outdated, overly complicated, and full of loopholes, and anyone in Washington can tell you that tax reform – especially bipartisan tax reform – isn’t easy. 
You've heard "trust but verify" from none other than Ronald Reagan, no doubt.  The Tea Party movement taught us to do that, and I hope you still are.  Especially in the case of John Culberson, my congressman.
On the Senate floor, I discussed a recent bipartisan meeting at the White House on tax reform. Excerpts of my remarks are below, and video of my remarks can be found here. 
Yesterday I participated in a roundtable discussion on storm recovery efforts with local community leaders in Beaumont. There, I shared my priorities for recovery, and how storm-impacted Texans can receive significant tax...
The Senate passed the Tax Cuts and Jobs Act today.
In a low turnout election, a small percentage of voters voted for all of the $1.495 billion City of Houston bond issues.TCR has been quite clear about the fiscal irresponsibility of these bonds and the negative impact it...
The U.S. House of Representatives – the People’s House – took action last week on the most transformational tax overhaul in a generation. This legislation brings us one step closer to delivering bold, pro-growth, pro-family...
Last Thursday, the Senate Finance Committee introduced our proposal that would enable more Americans to keep more of their hard-earned paychecks and send less of their money to Uncle Sam here in Washington, D.C.
The Republican tax proposal is now public and while the overall plan will prove beneficial to the economy many challenges remain. The individual tax rates will lower middle class taxes by doubling standard deductions and...
America’s complicated and broken tax code is hurting our economy and, in turn, American families. That’s why I’ve long said we need a simpler tax code that rewards hard work.
U.S. Senators Bill Cassidy (R-LA) and I, members of the Senate Finance Committee, authored the following op-ed in Forbes addressing how revamping our tax system would impact the energy sector:
Recently on the Senate floor, I discussed the importance of passing the FY2018 Budget Resolution, which is necessary to enacting tax reform. Excerpts of my remarks are below, and video of my remarks can be found here. 
Last night I debated Sen. Bernie Sanders (I-Vt.) in a CNN Town Hall regarding tax reform. During the debate, I called for eliminating the estate tax, also known as death tax, as a part of tax reform.
FAIR’s report reaches that conclusion by vastly overstating the costs of illegal immigration, undercounting the tax revenue they generate, inflating the number of illegal immigrants, counting millions of U.S. citizens as...

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