STATEMENT: Rep. Khanna Responds to Republican Tax Proposal
Washington, DC – Rep. Ro Khanna (CA-17) issued the following statement on the Republican tax framework released today:
“The tax reform proposal released today by the White House and congressional Republicans clearly demonstrates that they think it’s better to serve the interests of the very wealthy than everyday people. Shareholders and corporate executives do not need any more favors handed to them. Instead, Congress should commit to a reform plan that encourages economic gains by making the tax code fair for working families. I am also disappointed to see that Trump’s tax plan does away with the state and local tax deduction, which places a greater burden on the residents of California.
“One solution we should be looking at is increasing the Earned Income Tax Credit so it benefits more families and individuals. Earlier this month, Sen. Sherrod Brown, myself, and 50 House members introduced the Grow American Incomes Now Act. The GAIN Act roughly doubles the EITC for working families and increases the credit for childless workers almost sixfold. It would have a lasting impact on the American economy.”
- Sen. Sherrod Brown and Rep. Ro Khanna Introduce Landmark Legislation to Raise the Wages of Working Families (press release)
- Progressive Democrats’ counter-argument to Trump tax plan: a $1.4 trillion tax credit for the working class (The Mercury News)
- Wages are stagnating, robots are taking our jobs. This Democrat has a $1.4 trillion solution. (Vox.com)
About the Office
Congressman Khanna represents the 17th District of California, which covers communities in Silicon Valley. Visit his website at khanna.house.gov. Follow him on Facebook and Twitter @RepRoKhanna.
Press office: 202-225-2631