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 – 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.
Washington – Rep. John B. Larson(D-CT) and Rep.Tom Latham(R-IA) today announced the introduction of the Volunteer Responder Incentive Protection Reauthorization Act (VRIPRA) in order to reauthorize a tax break for volunteer firefighters and EMS personnel. The tax break, authorized in 2007 following its original introduction by Larson, expired in 2010.
Washington – The Joint Committee on Taxation (JCT) released its report on the Ways and Means Committee Tax Reform Working Groups. Reps. John B. Larson (CT-01) and Adrian Smith (R-NE), leaders of the Tax Reform Working Group on Financial Services, released the following statements:
Washington – Today Rep. John B. Larson (CT-01) released the following statement after the U.S. Senate passed the Marketplace Fairness Act, aimed at allowing Connecticut and other states to collect sales tax from out of state online retailers:
Washington - Reps. John B. Larson (D-CT) and Adrian Smith (R-NE) are encouraging members of the public, organizations, researchers and other stakeholders to submit comments, information, facts, and data relevant to the review of the current tax code being conducted by the House Committee on Ways and Means. Larson and Smith are leading the bipartisan Ways and Means Tax Reform Working Group on Financial Services.
Hartford – Today Rep. John B. Larson (Ct-01) announced his support as an original cosponsor for the Marketplace Fairness Act, which was introduced yesterday. The act would allow states including Connecticut to collect sales tax from out of state online retailers.
Washington- Today Reps. John B. Larson (D-CT) and Adrian Smith(R-NE) announced they are leading the Tax Reform Working Group on Financial Services. The group is one of eleven bipartisan groups established by the House Committee on Ways and Means to inform its work on comprehensive tax reform. Larson and Smith will work together to review current financial services tax law and will report back to the Committee after compiling data and information from a wide range of sources.