In recent years, Congress has increasingly used the Tax Code to provide means-tested benefits to low- and moderate-income Americans. These programs, however, are often flawed, imposing high marginal tax rates on those in the phase-out ranges as well as steep marriage penalties--thus discouraging both work and marriage. As part of comprehensive tax reform, this hearing will help the Ways and Means Committee reform these tax programs to make sure they reward work and honor marriage.
Patrick J. Tiberi: “In recent years, Congress has increasingly used the Tax Code to provide means-tested benefits to low- and…”
Editor's note · Context
Tiberi discusses flaws in tax programs that disincentivize work and marriage.
Share
More from Patrick J. Tiberi
I have heard from a number of employers in my district, manufacturers, about the potential that some of our trading partners could misuse national security justifications to have retaliatory and protectionist actions taken against them.
Today, if you are a successful pass-through--and no one is going to guarantee that you are a successful business owner--in America, you are paying almost 45 percent of what you make at the top bracket just to the Federal Government.
Tax reform done right will grow jobs and grow paychecks, helping restore the virtuous cycle that gives entrepreneurs the confidence to take a risk and reach for the American dream.
I take issue with the fact that, as a pass-through, getting a tax cut is not appropriate.





