Tax Reform

House GOP Tax Plan Would Allow Small Business Interest Deductions

| Posted in In the News

The House Ways and Means Tax Policy Subcommittee is “actively working” on provisions to allow small businesses to deduct the interest they pay on debt, Chairman Peter Roskam (R-Ill.) said. The provision would be a change to the House GOP tax reform plan, which would eliminate the ability of companies to deduct the interest on their loans but allow them to write off all…

Reps. Davis, DelBene Introduce The Child Care and Dependent Credit Enhancement Act of 2017

| Posted in Press Releases

Today, Reps. Danny K. Davis (D-IL-07) and Suzan K. DelBene (D-WA-01) introduced the Child Care and Dependent Credit Enhancement Act of 2017. The average cost of daycare for children up to age four has climbed to $9,589 annually, more than the average cost of state college tuition. For families earning the national median income, the average cost of care for just one child under five…

DelBene Calls for Middle-Class First Approach to Tax Reform

| Posted in Press Releases

Congresswoman Suzan DelBene (WA-01) today advocated for a bipartisan approach to comprehensive tax reform and urged her colleagues across the aisle to focus on fairness and financial security for working families and small businesses. “The complexity of our current tax code is paid for on the backs of working families and small businesses. There’s no question that our tax…

Bipartisan Coalition Reintroduces Remote Transactions Parity Act

| Posted in Press Releases

Reps. Kristi Noem (R-SD) and John Conyers, Jr. (D-MI) today led a bipartisan group of lawmakers in reintroducing H.R. 2193, the Remote Transactions Parity Act (RTPA), which aims to create a level playing field so Main Street stores and online retailers can compete fairly.  Reps. Suzan DelBene (D-WA), Steve Womack (R-AR), Jason Chaffetz (R-UT), Steve Stivers (R-OH), Lou Barletta…

DelBene Statement on President Trumps Tax Outline

| Posted in Press Releases

Congresswoman Suzan DelBene (WA-01) today released the following statement after President Trump outlined his tax policy priorities: “Working families and small businesses need certainty and stability to plan and invest for the future. Unfortunately, the President’s tax proposal is just another example of how this administration has been long on rhetoric and short on…

If Congress wants tax reform, it has to be bipartisan effort

| Posted in In the News

Historically, comprehensive tax reform has only worked when it has been a bipartisan effort. Now is not the time to break that tradition. The last time a major overhaul of our tax code was successful, a Republican president and a bipartisan group in Congress came together to help the American people by reforming parts of the tax code that weren’t working. That process was the…

Comprehensive Tax Reform

| Posted in eNewsletters

Dear Friend, As taxpayers know all too well, our current tax code is cumbersome, often fails to reflect the way the world works today and produces unfair results with loopholes that are prone to abuse. Through my work on the House Ways and Means Committee, which has jurisdiction over tax policy, I hope we’ll be able to pass comprehensive reform that makes the tax code simpler and…

DelBene Demands Trumps Tax Returns

| Posted in Press Releases

Congresswoman Suzan DelBene (WA-01) today voted in support of a resolution that would have forced the release of President Trump’s tax returns. “This President is breaking 40 years of precedent with his alarming lack of financial transparency, and his refusal to release his tax returns is a serious red flag. Given the President’s evasive maneuvering, Congress has a…

DelBene, Meehan Introduce HELP for Students and Parents Act

| Posted in Press Releases

Reps. Patrick Meehan (R-Pa.) and Suzan DelBene (D-Wa.) this week introduced the Higher Education Loan Payments (HELP) for Students and Parents Act, bipartisan legislation that will make college more affordable by modernizing how the tax code treats employer contributions toward student loan repayment. “The average American student graduates with more than $37,000 in student debt…

DelBene Opposes GOPs Healthcare Repeal and Cost Hike on Middle Class, Seniors and Women

| Posted in Press Releases

Congresswoman Suzan DelBene (WA-01) today opposed the Republican health bill that increases out-of-pocket costs for middle-class families and strips healthcare from tens of millions who received coverage through the Affordable Care Act. In addition to hiking co-pays and deductibles for middle-class families, the Republican bill gives a $7 million tax break to each of the 400 wealthiest…