I have put together a proposal that would affect about 60 percent of the tax filers and get the form down to 12 simple questions and eliminate 200 pages of the code, about 2,000 addendum pages, and it is called the simplified family credit. It takes the earned income tax credit, which is for working people making the moderate income level, the per child tax credit, the dependent care and collapses them into a single family credit, eliminates 200 some-odd pages of code, 12 questions. Also wacks the marriage penalty and deals with the AMT, which is a regressive tax for families. And in my sense, that puts not the onus so much but the benefits of the Tax Code behind families at work who are trying to do right for their children, and it would simplify the code but also reward those families who choose work over dependency.
Editor's note · Context
Discussing a proposal to simplify the tax code and support middle-class families.
Share
More from Rep. Rahm Emanuel
First of all, it wasn't part of welfare reform. Welfare reform had a 1-year transitional for Medicaid. It wasn't part of that, which is a point you made. Second is, SCHIP was so successful, while the rest of the population actually had an…
let me just say to the simplification of the student loan form--actually, it happened to be my first bill--which is to take the 106 questions, 8 pages long, down to commonsense English, cut it in half, and the good news is that, in fact…
In 2005, when the Republican Congress passed the President's energy bill, let me tell you what some folks said. The minority leader at that time says, ``This will lower energy prices for consumers.'' The minority whip, Mr. Blunt, said…
A lot of people have mentioned that in fact this extension will cover the children that presently are in the program. That is half true and half not true. Kids who are on the program will be covered. But if you live in 14 States in the…





