Kevin Brady - Texas

Former U.S. Congressman. 66th Chairman, House Ways & Means Committee. Author, TCJA. Strategist & consultant on tax, trade, health care & energy. Public Speaker.

[Kevin Brady - Texas @KevinBradytexas]

Respectfully, the "real" tax rate cited here...isn't real.

Not in our tax code.

[Sen. Bernie Sanders @SenSanders]

Last year, Jeff Bezos sailed on his $500 million yacht to his $55 million wedding in Venice to give his wife a $5 million ring while his real tax rate was less than 1%.

Under my 5% billionaire wealth tax, Mr. Bezos would owe $12.7 billion & still have $240 billion left over.

[Kevin Brady - Texas @KevinBradytexas]

“Solution” is wealth tax in disguise.

Punishes investment success.
Changes rules after taxpayers played by them.
Govt claims upside, taxpayers downside.
Compels sales of illiquid biz.
Accts tax deferred, not tax-free.
Nightmare to admin.

[The Wall Street Journal @WSJ]

More than 1,000 Americans racked up IRAs worth at least $25 million. “This is yacht financing or dynasty building.” https://t.co/ccyZNT8Nbg

[Kevin Brady - Texas @KevinBradytexas]

The hidden trade success story in Americans’ bathroom cabinets https://t.co/ZjvF1w2xlf

[Kevin Brady - Texas @KevinBradytexas]

Economic destruction is socialism’s superpower…

[Stephen Moore @StephenMoore]

Creative destruction is capitalism’s superpower.

The Dow Jones is the perfect example:

30 companies in 1976.
Only 1 remains today.

Free markets do not preserve the past. They create the future!

[Kevin Brady - Texas @KevinBradytexas]

The nation has lost a servant, Texas has lost a giant & I have lost my mentor and dear friend Bill Archer.

“Chairman Archer” inspired so many of us in Congress, the Ways & Means Committee & thru his beloved Archer Fellows.

Our prayers are with Sharon & their remarkable family.

[Kevin Brady - Texas @KevinBradytexas]

The successful ‘go bold” strategy to tax reform drove our thinking in 2017 for #TCJA. It works - even when not all of our bold policies survived Congressional debate.

@realartlaffer & @StephenMoore played important roles in its success. And yes, the work isn’t finished.

[Wall Street Journal Opinion @WSJopinion]

Forty years ago this month, the Tax Reform Act of 1986 was heading for passage in the Senate. Sen. Bob Packwood carried the bill to victory, write @realartlaffer and @StephenMoore
https://t.co/iYSyRYHcQL

[Kevin Brady - Texas @KevinBradytexas]

POTUS is a tough negotiator.

Thx to his #USMCA Canada & Mexico together are now U.S.’ largest customers, investors & suppliers - all in one - creating millions of great U.S. jobs.

Result: America is economically stronger, more secure & better able to compete against China.

[Bloomberg TV @BloombergTV]

President Donald Trump said he would not reauthorize the US’s trade deal with Canada and Mexico https://t.co/KznOeK1skD

[Jeff Bezos @JeffBezos]

Please do a quick read of this. It’s short, well written, and will remove a bit of wool from over your eyes.

[Kevin Brady - Texas @KevinBradytexas]

@JeffBezos True.

[Kevin Brady - Texas @KevinBradytexas]

President Trump’s #USMCA is gold standard for U.S. trade agreements.

Agreement makes U.S. economically stronger, more secure & better positioned to compete & win against China.

Honored to testify @SenFinance:

https://t.co/LxBuHclN3z

[Kevin Brady - Texas @KevinBradytexas]

Washington’s one-size-fits-all compliance regime pushing banks to close lawful customer accounts due to outdated rules. Unfair.

Reform should protect both financial security & fair access to essential banking services.

Well written by @EconWithNick: https://t.co/OmHypvXgwn

[Nick Anthony @EconWithNick]

What makes an activity “suspicious”? https://t.co/qsGpC0Mzm9

[Kevin Brady - Texas @KevinBradytexas]

An End to Double Taxation thx to ⁦@realDonaldTrump⁩ ⁦@SecScottBessent⁩ ⁦@WaysandMeansGOP⁩ @SenFinance ⁦@RepJasonSmith⁩ @MikeCrapo ⁦@RepRonEstes⁩ https://t.co/PmOq9CNU3w

[Kevin Brady - Texas @KevinBradytexas]

@HouseCommerce @RepGuthrie Always great to see these three leaders together….wait, what!!??

[Kevin Brady - Texas @KevinBradytexas]

Government price controls won't make credit more accessible - just make it harder for millions of hard-working Americans & small biz.

A 10% interest rate cap will shrink access, increase costs & limit options for consumers.

Free market competition always beats DC mandates.

[Kevin Brady - Texas @KevinBradytexas]

President Ronald Reagan was the most committed free trader ever to serve as president. https://t.co/f47tZ6Lgg6

[Kevin Brady - Texas @KevinBradytexas]

Workers, businesses and the U.S. economy will grow stronger due to GOP tax relief bill. https://t.co/gvJWF3x6lO

[Kevin Brady - Texas @KevinBradytexas]

President Trump’s historic trade agreement with Mexico & Canada makes America stronger, more secure & more competitive against China, others. It’s up for review in ‘26. https://t.co/SQ2lYiWd1F

[Kevin Brady - Texas @KevinBradytexas]

@Eric_Schmitt Instead of just 20?

[Kevin Brady - Texas @KevinBradytexas]

Been asked a lot if #TCJA intended to limit SALT deductions for businesses: corp or pass-through.

Answer: no.

Viewed biz SALT as necessary & ordinary expense. Conference report & talks w/Treasury after reflect that consensus intent.

[Kevin Brady - Texas @KevinBradytexas]

The TCJA Encouraged Investment In Small Business, Let's Keep It That Way https://t.co/7ZbGJmjaK7