Reps. Katie Porter (D-CA), Ayanna Pressley (D-MA), and Delia Ramirez (D-IL) today announced the introduction of legislation to strengthen the child tax credit (CTC) and eliminate its penalty against single parents. Under current law, single parents are subject to a stricter income threshold than married couples, which makes it harder for their families to get the child tax credit.… Read more »
This week, Representative Katie Porter (D-CA) reintroduced bipartisan legislation with Rep. Ashley Hinson (R-IA) to nearly triple the amount of money families can set aside pre-tax for child and elder care expenses. According to a recent study, Orange County families have been hit especially hard by rising child care costs. The median annual cost for an infant’s care is over $19,000,… Read more »
As tax season winds down, Congresswoman Katie Porter (D-CA) today reintroduced two bills to improve the efficiency of the tax system for Americans. The Trust in Government Act directs the Department of Treasury to expand electronic tax filing and offer support via email; the Streamlining IRS Operations Act requires that tax returns filed on paper can be readily digitized. Both bills are… Read more »
Representatives Katie Porter (D-CA) and Nancy Mace (R-SC) introduced the bipartisan Tax Fairness for Disaster Victims Act, which would allow Americans in disaster zones to use their previous year’s income to calculate tax credits. Current law fails to protect disaster victims with disrupted incomes, which could reduce their tax credits during an already challenging time.
“Americans… Read more »
Congresswoman Katie Porter (D-CA) has reintroduced the Supporting Americans with Lower Taxes (SALT) Act to revise the state and local tax deduction to raise revenue while reducing the tax burden on Californian families. Her bill eliminates the Trump-era cap for Americans making less than $400,000 a year to provide relief for people living in high cost-of-living areas.
“Middle-class… Read more »
Blue-state Democrats have been fighting since 2017 to repeal a key provision of President Trump’s tax plan that penalized high-cost California filers.
The so-called SALT tax cap imposed a $10,000 limit on IRS deductions for state and local taxes like income and capital gains levies and property taxes.
The measure primarily affected residents of high-cost, Democratic-leaning states like… Read more »
Congresswoman Katie Porter (D-CA) and Congressman Tom Malinowski (D-NJ) this week introduced the Supporting Americans with Lower Taxes (SALT) Act to provide immediate relief for middle class families residing in states with high costs of living. The bill fully restores the state and local tax deduction for Americans making less than $400,000 a year, while phasing out… Read more »
Dear Friend,
It is unacceptable that the wealthiest corporations in this country are cheating the tax system. When it comes to funding public resources that we all rely on, we all have a part to play. Orange County families pay their fair share; corporations should do the same.
The U.S. loses approximately $1 trillion in unpaid taxes every year because the Internal Revenue Service… Read more »
Dear friend,
Children are expensive, but they are also the building blocks of our future economy. That’s why, in 1951, Congress created a tax cut—commonly known as the Child Tax Credit—for most families with kids. The Child Tax Credit has been a lifeline for parents, especially as the costs of child care skyrocket. I’m glad Congress recently expanded the Child Tax Credit, which is… Read more »
There's a new bill in Congress that would make it easier for single parents to claim all the benefits of the new expanded child tax credit.
The Single Parent Penalty Elimination Act would make it so that single parents can claim the full amount of the child tax credit. It all comes down to restructuring the tax code so single parents, who file as heads of household, can claim… Read more »
