Tax Policy
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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
December 19, 2019
Washington – The U.S. House on Thursday approved a bill that would scrap for two years a $10,000 cap on the federal deductibility of state and local taxes, a limitation decried by taxpayers in wealthy states like Connecticut who have been hurt by the shrinking of the valuable tax break.
Issues:Tax Policy
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December 11, 2019
Today in the Ways and Means Committee Rep. John B. Larson (CT-01) voted for the Restoring Tax Fairness for States and Localities Act, which would restore the State and Local Tax (SALT) deduction that was capped by the Republican Tax Law in 2017.
Issues:Tax Policy
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December 11, 2019
Today, Chairman of the House Ways and Means Social Security Subcommittee John B. Larson (CT-01) released the following statement after the Know Your Social Security Act was reported favorably out of the Ways and Means Committee.
Issues:Tax Policy
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November 19, 2019
Today, Rep. John B. Larson (CT-01) introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act.
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September 27, 2019
Today, Rep. John B. Larson (CT-01) and Rep. Ron Estes (KS-04) introduced the American Innovation and Competitiveness Act (AICA).
Issues:Tax Policy
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July 18, 2019
This week, Rep. John B. Larson (CT-01) cosponsored Congressional Review Act SALT Resolution, which would stop a Trump Administration Treasury Department Regulation from going into effect on August 12th.
Issues:LocalTax Policy
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June 25, 2019
In today’s House Ways and Means Select Revenue Measures Subcommittee hearing, “Recent Limitations to the SALT Deduction & its Harm to Communities,” Rep. John B. Larson (CT-01) highlighted how the cap of the State and Local Tax (SALT) deduction in the 2017 GOP Tax law forced Connecticut families to subsidize the tax breaks for the nation’s wealthiest one percent.
Issues:Tax Policy
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June 21, 2019
Yesterday, the Ways and Means Committee marked up four bills that will provide tax relief for working-class Americans. Rep. John B. Larson (CT-01) voted to report these bills favorably out of committee.
Issues:LocalTax Policy
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May 23, 2019
Today, Rep. John B. Larson (CT-01) voted for the SECURE Act. The SECURE Act expands options for Americans to increase their retirement savings and expands the portability options for different retirement plans.
Issues:LocalTax Policy
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April 10, 2019
Today, Reps. John B. Larson (CT-01) and Kenny Marchant (TX-24) introduced the Invest in America Act that would repeal the Foreign Investment in Real Property Tax Act of 1980, which applies capital gains taxes to foreign persons who invest in U.S. real estate.