On the recordMarch 13, 2019
Tax day is approaching on April 15, and I again rise to state my support for the State and local tax deduction. There were many positive aspects to the tax bill that I voted against. I support reducing the corporate tax rate, but it should not have been done by increasing personal taxes on any hardworking middle-income Long Islander in my district. The $10,000 cap that was made to the SALT deduction was a punch in the gut to middle-class taxpayers in my district. There were positive aspects, as I said, of the tax bill: expanding the medical expense deduction, preserving education and student deductions, doubling the child tax credit, the AMT changes. And as I stated, changing the corporate tax rate helps make the United States more competitive globally, to improve our business climate, to help create more jobs, but it should not be done by raising taxes on the personal income side. I have been working closely with colleagues on both sides of the aisle to address this issue. I have been working with Democratic Representative Josh Gottheimer of New Jersey. I cosponsor legislation between Peter King, a Republican, and Tom Suozzi, a Democrat, H.R. 257. Nita Lowey introduced a bill that I cosponsor, H.R. 188. Mr. Speaker, I encourage all my colleagues in this Chamber to work together to address this important issue, because it is important to deliver tax relief to all Americans.…
