Tax Policy
Rep. Larson is fighting for fair tax reform.
The current Republican Plan, released in November 2017 is the opposite of that, it its an attack on Connecticut's Middle-Class. Read what Rep. Larson has done to oppose it below.
More on Tax Policy
HARTFORD, Conn. (WTNH) — More federal tax relief could soon be coming to thousands of Connecticut homeowners impacted by crumbling foundations.
A bill has advanced in the Ways and Means Committee, which is being pushed by Congressmen John Larson (D-CT 1) and Joe Courtney (D-CT 2).
If passed, the bill would allow homeowners with crumbling foundations caused by the material pyrrhotite to claim the casualty loss deduction.
State and local leaders joined lawmakers and advocates Tuesday to applaud the bill.
There are ways to tackle Social Security's insolvency problem, says Martin O'Malley, who served as Social Security commissioner during the Biden administration.
Fixing Social Security's looming financial crisis may not be easy, but it's doable - as long as the rich pay more in taxes.
"The insolvency date is an entirely solvable problem," Martin O'Malley, who served as Social Security commissioner under the Biden administration, told MarketWatch.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) grilled Treasury Secretary Scott Bessent on gas prices during a Ways and Means Committee hearing.
Democrats are moving quickly to force congressional votes on President Donald Trump’s ridiculously corrupt slush fund.
After Trump’s $10 billion lawsuit against the IRS resulted in the creation of a $1.8 billion pool of taxpayer money for him to essentially dole out to his allies at a whim, Democrats want to force Republicans to go on the record about whether they support such blatant fraud.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) announced new legislation to prevent sitting presidents from profiting off of lawsuits against their own government with Tax Subcommittee Ranking Member Mike Thompson (CA-04) and Ways and Means Committee Ranking Member Richard E. Neal (MA-01).
A panel of federal judges ruled Thursday that US President Donald Trump’s sweeping 10% tariffs on most imports are unlawful, another major legal blow to the centerpiece of the Republican president’s economic agenda—which has failed to produce the manufacturing boom he repeatedly promised on the campaign trail.