Friday, September 8, 2017

Conservatives Tout ‘Family Friendly’ Tax Plan


Washington, D.C. — John Hines, OAN Political Correspondent
On the same day that President Trump was touting tax reform in North Dakota, the president’s Special Assistant Ivanka Trump joined Utah Senator Mike Lee and the taxpayer advocacy group Americans for Tax Reform to make a push for tax cuts targeted to families.
“It is very important to the President and this Administration that this is really a tax cut for the middle class and working families. One of the ways, we can deliver a tax cut is through a more generous child tax credit. This administration is pushing for the largest child tax credit possible,” said Ivanka Trump at a forum at the Washington-based headquarters of Americans for Tax Reform.
President Trump’s statement is really an affirmation of similar proposals in Congress, including a proposal for an expanded child tax credit introduced in the Senate by Utah’s Mike Lee who says the current tax code is anti-family.
“We need to end the marriage tax penalty, and we also need to end the child tax penalty. That’s a little known–lesser understood feature of our tax code, but it actually punishes parents,” Lee explained.
And talking about the possibility of a broader tax reform package, Lee struck a positive note.
“I’m optimistic about it because this is something we have to get done. We have no choice but to do it…” Lee stated
And if Lee and Americans for Tax Reform President Grover Norquist have anything to do with it, that reform may soon tilt more towards families.
“The top issue before the American people before Congress this fall is dramatic, pro-growth tax reform. Ivanka Trump has been a leader in the argument for making it a pro-family tax cut, as well by increasing the per child tax credit,” Norquist explained.
Increasing that per child tax credit ultimately means more money to be spent–and more options–for working families, thats according to Ralph Reed Chairman and Founder of the Faith and Freedom coalition.
“The liberals often say, well, you know we care about the children. Well, we do too, we think the best way to meet the needs of those kids is to let the parents keep the money they earn and spend it on those children and not ship it to Washington, DC,” Reed stated.
Ivanka Trump says she’d like to see the child tax credit at least double from its current level of $1,000 to $2,000.
Senator Lee’s proposal goes even further–up to $3500.

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