Congressman Peter Roskam

Representing the 6th District of Illinois

Tax Updates

When I was appointed to the House of Representatives Committee on Ways and Means in 2009 it was immediately clear that our tax code was outdated. The last time our tax code was reformed it was 1986 and the Chicago Bears were defending Super Bowl Champions, the Berlin Wall was standing, and the internet was not yet a commercial enterprise. Since then, our tax code had grown to a bloated 74,000 pages, filled with loopholes and carve outs for the Washington elite. Middle-income families have struggled and American companies have moved overseas. 

More on Tax Updates

May 18, 2018 Press Release

Washington, D.C. — This week, House Ways and Means Committee held hearing to hear from business owners who are seeing the positive effects of the Tax Cuts and Jobs Act reflected in their businesses. Among the witnesses, local employer Zach Mottl, Chief Alignment Officer, Atlas Tool Works & Die, Inc.

Apr 20, 2018 Press Release

Washington, D.C. — This week, Representative Peter Roskam (IL-06) achieved key victories when three of his priorities moved through the House as part of a larger IRS redesign package:

Mar 28, 2018 Press Release

Washington, D.C. – In a victory for families across Illinois, The U.S. Department of the Treasury has agreed that an advisory issued by the IRS does not address Illinois and, therefore, taxpayers in Illinois are not bound by the IRS guidance and are able to deduct their prepaid property taxes. Representative Peter Roskam (IL-06) released this statement following the news:

Jan 23, 2018 Press Release

Washington, D.C. — As we near the end of our first month under a new tax code designed for middle-income families and small businesses, it’s already become evident that this new legislation is having a positive impact on our economy and in the lives of millions of Americans.

Jan 10, 2018 Press Release

DuPage County, IL — Representative Peter Roskam (IL-06) released the following statement on the appointment of fellow Illinois GOP Representative Darin LaHood (IL-18) to the House Ways and Means Committee: 

Dec 22, 2017 Press Release

Washington, D.C. — One after another, some of our nation’s largest job providers are announcing increased investments in the American economy, increases in minimum wage and substantive bonuses as a result of the passage of the Tax Cuts and Jobs Act. Businesses large and small are praising the passage of this historic bill that will provide a much-needed economic boost to this country.

On the day the tax bill was passed, the following companies announced their intentions to reinvest in their employees and the American economy:
 

Dec 20, 2017 Press Release

Washington, D.C. — Representative Roskam (IL-06) released the following statement on the passage of H.R. 1, the Tax Cuts and Jobs Act, through both chambers of Congress: 

“Today is a great day for Americans – Congress followed through on its commitment to the American people and delivered a tax code that is simpler and fairer and will allow millions of Americans to keep more of the money they earn.

Dec 19, 2017 Press Release

Washington, D.C. — Today, the House took an historic step in providing middle-income families across America with real tax relief. Representative Peter Roskam (IL-06) joined his colleagues in voting “Aye” to pass the Tax Cuts and Jobs Act, 227-203. The bill moves to the Senate for a vote later today; the President is expected to sign the bill before lawmakers adjourn this session.

Dec 7, 2017 Page

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The Tax Cuts and Jobs Act is a once-in-a-generation opportunity to cut taxes, increase take home pay, eliminate loopholes, and bring jobs back to the U.S.