U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after Pfizer announced a major expansion in Kalamazoo County that is to include the creation of hundreds of good-paying jobs and nearly $500 million in new investments: “This is huge news for our community. Having met directly with Pfizer leadership and other local folks about this a year ago, today truly is a great day. We’re all very excited to see this community partnership prosper. “As CEO Ian Read said himself, this ... Read more

'Opportunity Zones' on their way By U.S. Rep. Fred Upton April 30, 2018 Detroit News As part of the landmark reform of our outdated tax code, a bipartisan provision was included that I championed known as Opportunity Zones. Opportunity Zones are economically distressed rural and urban areas eligible for tax benefits aimed at spurring private investment, economic growth and local jobs. The goal of this bipartisan economic development program is to bring long-term, private-sector investment to the... Read more

U.S. Rep. Fred Upton, R-St. Joseph, today joined the majority of his colleagues in the U.S. House in voting for H.R. 5445, the 21st Century IRS Act and H.R. 5444, the Taxpayer First Act. Both pieces of bipartisan legislation reform and revamp the Internal Revenue Service (IRS) on the heels of the Tax Day tech meltdown. “On the heels of yesterday’s Tax Day meltdown at the IRS, it’s clear we need to revamp, modernize, and fix what ails the IRS,” said Upton. “These two bipartisan bills will strengt... Read more

Tax Cuts and Jobs Act leads to private investment targets across Michigan By Chris Galford April 12, 2018 The Peninsula With approval from the U.S. Department of the Treasury and the Internal Revenue Service (IRS), new Opportunity Zones have been designated throughout Michigan. Opportunity Zones are a designation created by the Tax Cuts and Jobs Act of 2017. They are meant to encourage private investment, economic growth and spur jobs in downtrodden areas with tax incentives tied to investments.... Read more

Economic progress, thanks to tax reform By: U.S. Rep. Fred Upton March 3, 2018 Detroit News At the end of 2017, the Tax Cuts & Jobs Act was signed into law. This historic re-write of our outdated tax code was met with derision by some, but the truth is that tax reform is working. Across the country, more than 370 companies have announced new investments in their employees and their communities. It’s no different here in Michigan with families benefiting from higher paychecks and lower energy bil... Read more

Tax Cuts & Jobs Act benefits employees at Shelton’s Farm Market Kelsey Hammond February 5, 2018 Leader Publications NILES — If Shelton’s Farm Market doles out bonuses for their employees, it is typically during the holiday season. But this year, employees got a surprise at the beginning of the year when they received bonuses resulting from a profitable 2017 year and economic optimism spurred by the federal tax reform. Joe Shelton, one of the business’ partners, said the market just wanted to sha... Read more

U.S. Rep. Fred Upton, R-St. Joseph, today joined the majority of his colleagues in the U.S. House in voting to advance the Conference Report for H.R. 1, the Tax Cuts & Jobs Act by a vote of 227 to 203. Upton released the following statement: "With this vote, historic tax reform is one step closer to reality. Here’s what our plan does for individuals; it significantly increases the standard deduction, it expands the Child Tax Credit, preserves the Adoption Tax Credit, preserves the mortgage inter... Read more

U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after signing the House-Senate Conference Committee report on H.R. 1, the Tax Cuts and Jobs Act: The Conference Committee’s task was to merge two bills into a better one. I’m pleased to say on a number of issues we prevailed. We deliver a tax cut to the middle class while protecting important deductions like the Medical Expense Deduction, and we lower the tax burden on American businesses while eliminating incentives to m... Read more

WASHINGTON, D.C. – U.S. Rep. Fred Upton, R-St. Joseph, today released the following statement after being named to serve on the House-Senate conference committee for the Tax Cuts and Jobs Act: “I look forward to being a member of the House-Senate conference committee for this historic tax reform opportunity. We owe it to our constituents to reform the tax code and cut taxes, make it easier for small businesses to grow and create jobs, and lower the astronomically high rate for corporations. We’r... Read more

Upton meets with local business leaders about national tax reform By Christine VanTimmeren WWMT Channel 3 COMSTOCK, Mich. (NEWSCHANNEL 3) — U.S. Congressman Fred Upton wrapped up a round table discussion in Comstock where he asked small business owners what they think about the tax reform package working its way through congress, which includes corporate tax cuts but gets rid of some popular deductions. Newschannel 3's Christine VanTimmeren reported on that discussion held at LED lighting compan... Read more