2018: Schweikert Voted For A $100 Billion Tax Bill That Delayed ACA Taxes, Included Tax Relief For Disaster Victims And Repealed The Johnson Amendment. In December 2018, Schweikert voted for legislation that would have, according to Congressional Quarterly, "provide[d] tax relief to individuals and businesses who have been harmed by certain natural disasters during 2018 and [...] [made] it easier for small businesses to offer retirement savings plans for their employees while also giving individuals greater flexibility to contribute to and use funds from their retirement accounts. It also allow[ed] churches and other non-profits to become politically active while maintaining their tax-exempt status; delay[ed] or repeal[ed] four taxes created by the 2010 health care overhaul to finance that law; [made] certain modifications and technical corrections to the 2017 tax overhaul; and modernize[d] the IRS to improve customer service and help prevent identity theft and tax return fraud." The vote was on a motion to concur in the Senate amendment with a further House amendment. The House agreed to the motion, thereby passing the bill, by a vote of 220 to 183. The bill died in the Senate. [House Vote 470, 12/20/18; Congressional Quarterly, 12/19/18; Congressional Actions, H.R. 88]
2017: Schweikert Voted For The House GOP's 2017 Tax Reform Plan Which Significantly Cut Taxes For The Rich And Corporations And Repealed The Prohibition For Churches From Engaging In Political Activity. In November 2017, Schweikert voted for reconciliation legislation which significantly altered the federal tax code. According to Congressional Quarterly, "The bill substantially restructures the U.S. tax code to simplify the code and reduce taxes on individuals, corporations and small businesses. For individuals, it consolidates the current seven tax brackets down to four and eliminates or restricts many tax credits and deductions, including by eliminating the deduction for state and local income taxes and limiting the deduction for property taxes to $10,000 and the interest deduction for a home mortgage to the first $500,000 worth of a loan. [...] On the business side, it reduces the corporate tax from 35% to 20% and establishes a 'territorial' tax system that would exempt most income derived overseas from U.S. corporate taxation. It allows businesses to immediately expense 100% of the cost of assets acquired and placed into service, and for small businesses it raises the Section 179 expensing limit to $5 million for five years. It also establishes a 25% rate for a portion of pass-through business income that would otherwise have to be paid at the ordinary individual tax level, and for small businesses where an individual would receive less than $150,000 in pass-through income it taxes the first $75,000 of that income at a 9% rate." The vote was on passage. The House passed the bill by a vote of 227 to 205. President Trump later signed an amended version of the bill into law. [House Vote 637, 11/16/17; Congressional Quarterly, 11/15/17; Congressional Actions, H.R. 1]