WASHINGTON, D.C. – Any unnecessary delay in extending the 2017 Trump tax cuts heightens the risk that all Americans will see their taxes go up – including for the 91 percent of Americans who utilize the guaranteed deduction to lower and simplify their tax bill. Under the Trump tax cuts, Republicans doubled this tax deduction – making that option more attractive for more Americans to utilize in lowering the amount they owe to the IRS and making tax filing faster and less complicated.| Ways and Means
Protecting Families From Tax Hikes Must Be An Immediate Priority of Next Congress| Ways and Means
Safeguards put in place to help prevent Child Tax Credit (CTC) benefits from flowing to illegal immigrants, that Republicans passed as part of the 2017 Trump tax cuts, will be eliminated if Congress fails to act. Throughout the 25-year history of the CTC, there was no meaningful safeguard with respect to illegal immigration until the 2017 Trump tax cuts, when Congressional Republicans added a Social Security Number (SSN) requirement as part of eligibility for the credit. After the SSN require...| Ways and Means