GOP senators call out ‘harmful’ tax penalties for married couples in spending bill

Fox Business

Thirty-three Republican senators wrote to Senate Majority Leader Chuck Schumer, D-N.Y., and Senate Finance Committee Chairman Ron Wyden, D-Ore., calling out the “harmful” tax penalties for married couples in the House Democrats’ $3.5 trillion spending bill.

Sen. Mitt Romney, R-Utah, led a letter with 32 of his Senate Republican colleagues blasting a provision of the House Democrats’ multitrillion-dollar budget reconciliation bill that would impose harsh marriage tax penalties.

Highlighting the financial imposition the bill places on married couples, the senators argued that federal policy “should be designed to foster strong marriages” and warned that the “harmful penalties for marriage” sends “the wrong message” to American families.

“Unfortunately, despite its original rollout as part of the ‘American Families Plan,’ the current draft of the reconciliation bill takes an existing marriage penalty in the Earned Income Tax Credit (EITC) and makes it significantly worse,” the senators wrote.

The senators pointed out that while the EITC is “an important policy tool” that incentivizes work, the measure contains “small, but damaging, marriage penalties.”

“For example, a couple in 2019 with two children where one parent earns $12,000 and the other $30,000 could pay $1,578 more in taxes if they are married — or nearly 4% of their yearly earnings,” the letter reads.

“The reconciliation bill could make the same family significantly worse off,” it continues. “It could nearly double the marriage penalty, costing the same parents $2,713 if they choose to marry.”

“We believe that marriage is a vital social good. It is misguided and unfair for the government to build bigger barriers for couples to marry,” the lawmakers concluded.

Joining Romney on the letter are a number of influential Republicans, including Sens. Mike Crapo of Idaho, John Barrasso of Wyoming, Tom Cotton of Arkansas and Tim Scott of South Carolina.

House Speaker Nancy Pelosi, D-Calif., was unable to get the bipartisan infrastructure bill passed Thursday as talks on the reconciliation bill halted.

By Houston Keene

Read Full Article on FoxBusiness.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Columns

String of Supreme Court Rulings Move President’s Agenda Forward

More than 100 lawsuits have been filed against the...

Why Trump Must Push for Complete Dismantlement of Iran’s Nuclear Program

The ongoing nuclear talks between the United States and Iran, which began in Oman on April 12, mark a critical juncture in global security.

Changes to Social Security Start 4/15/25

As of today, April 15th, there are some new...

 BOMBSHELL: Trump Assassination Attempts Investigated!

Over the weekend the online news journalist Zach DeGregorio...

 The Trump Curse is Real 2.0

The Trump curse (karma or cause and effect) holds that those who wrongfully attack Donald J. Trump will have it come back to bite them in the end.

News

7 Countries Oppose US National Security Review on Copper Imports

Seven U.S. trade partners have formally opposed a federal investigation examining whether copper imports threaten national security.

Shooting at Dallas High School Prompts Lockdown, Sparks Renewed Safety Concerns

A shooting at Wilmer-Hutchins High School in Dallas triggered a campus lockdown, urgent police response, and a wave of concern among families and officials.

Judge Hints at Possible Contempt in Case of Man Mistakenly Deported to El Salvador

Judge Xinis indicated she was considering contempt for Trump admin and she wanted more info on whether it was acting in bad faith in response to her order.

Total Southwest Border Apprehensions Last Month Lower Than First 2 Days of March 2024: CBP

There was a historic drop in apprehension of illegal immigrants at southwest border last month, CBP data shows, due to Trump Admin's immigration enforcement.

More Than 1,020 Illegal Immigrants Charged With Immigration-Related Crimes

U.S. attorneys from southwestern border districts this past week continued the crackdown on illegal immigration under the Trump administration.

Georgia Man Charged With Threatening to Kill DNI Tulsi Gabbard and Family

A Georgia man has been arrested and charged with transmitting threats to kill DNI Tulsi Gabbard and her husband, according to the Department of Justice.

US Import Prices Fall in March Ahead of New US Tariffs

Prices of imports into the United States declined in March, helped by lower energy costs, ahead of the new U.S. tariffs.

California Governor Signs $2.8 Billion Medi-Cal Bailout to Cover Soaring Costs, Including for Illegal Immigrants

Gov. Newsom signed emergency legislation to close a $2.8 billion shortfall in state’s Medicaid program for millions of residents and illegal immigrants.
spot_img

Related Articles

Popular Categories

MAGA Business Central