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
Washington – This week Rep. John B. Larson (D-CT) and Rep. Dave Reichert (R-WA) introduced the Volunteer Responder Incentive Protection Act of 2015 (VRIPA), a bipartisan bill that would provide a tax emption on the benefits volunteer firefighters and emergency medical services (EMS) personnel receive from their communities. Larson authored a similar bill that was signed into law in 2007, but the exemption expired in 2010. Currently, volunteers must pay federal income tax on these modest incentives.
Washington – Rep. John B. Larson (CT-01) released the following statement today on the passage of H.R. 5771, the ‘Tax Increase Prevention Act of 2014’:
“For nearly a year, businesses and individuals across the nation have been lost in the void between expired or expiring tax credits and a Congress unwilling to work together. While the short-term bill passed in the House today was the only option short of inaction, my priority remains tax reform to provide certainty for the American people.
Washington - Today, Rep. John B. Larson (CT-01) joined Rep. Todd Young (R-IN) in introducing the Social Impact Bond Act, H.R. 4885. The legislation would foster the creation of public-private partnerships that harness philanthropic and other private-sector investments to scale up scientifically-proven social and public health programs.
Washington – Rep. John B. Larson (CT-01) released the following statement today after the U.S. House of Representatives passed H.R. 4438, The American Research and Competitiveness Act of 2014. Larson is the primary cosponsor of the legislation introduced by Congressman Kevin Brady(R-TX).
Washington – Today, Rep. John B. Larson (CT-01) introduced an amendment to the Ways & Means Committee seeking the reauthorization of a tax break for volunteer firefighters and EMS personnel. Mirroring legislation introduced by Congressman Larson in January, the amendment renews a tax exemption to aid in the recruitment, retention and recognition of volunteer first responders.
Washington – Today, Reps. John B. Larson (CT-01), Joe Courtney (CT-01), and Elizabeth Esty (CT-05) applauded the Treasury and Internal Revenue Service’s decision not to count the volunteer hours of volunteer firefighters and EMS personnel when determining an employer’s full-time employees under the Affordable Care Act. The decision confirms that the employer shared responsibility requirement does not apply to volunteer departments.