On the recordApril 18, 2023
The American people need tax relief, and I rise today to share my unapologetic support for the FairTax Act. Taxes continue to skyrocket in States like New York. Many of my constituents pay nearly $50,000 in local taxes. Of that amount, $10,000 can be deducted from gross income. The rest gets taxed twice. I have introduced two bills regarding tax deductions: H.R. 1260, the SALT Relief Act, and H.R. 2634, the Alimony Relief Act. Both of my bills seek additional deductions for taxpayers forced to submit to government-directed payments. Regarding alimony, I hope to repeal the section of law within the Tax Cuts and Jobs Act of 2017 that places the tax liability of government- mandated payments on the person who makes the payment and not the payee. Why should the person earning the money but not spending it pay the tax liability? Mr. Carter's FairTax Act ensures that we pay taxes on what we buy rather than on what we earn. It would make both of my bills unnecessary. The hours spent every year doing tax returns wouldn't be necessary, and Americans would have more time to spend with their families. I hope we can make real progress on the FairTax Act, but in the meantime, I would welcome my colleagues to support my efforts. I look forward to the day when a simpler tax code is afforded to all of our constituents.
