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MI HR0219

Resolution

Status

Introduced

1/10/2018

Primary Sponsor

Terry Sabo

Click for details

Origin

House of Representatives

99th Legislature

AI Summary

  • Urges U.S. Congress to reject the current federal tax reform proposal under consideration.

  • Argues the proposal provides little benefit to working families struggling with basic needs and would exacerbate economic hardship during recovery from the Great Recession.

  • Warns the proposal would reduce charitable donations by an estimated $13 billion, harm nonprofit agencies and churches, and negatively impact health care and education through loss of deductions.

  • Claims the proposal disproportionately benefits wealthy individuals and corporations through estate tax cuts and corporate tax rate reductions while eliminating the state and local tax (SALT) deduction.

  • States nonpartisan analyses show the proposal would increase the federal deficit by over $1 trillion over ten years and was poorly vetted with hidden provisions.

Legislative Description

A resolution to urge the U.S. Congress to reject the current tax reform proposal.

Last Action

Referred To Committee On Tax Policy

1/10/2018

Committee Referrals

Tax Policy1/10/2018

Full Bill Text

No bill text available