In an op-ed for The New York Times, Sen. Marco Rubio (R-Fl.), implores his colleagues in the Senate to work harder to ease tax burdens on American middle-class families.
Rubio, who owed more than $100,000 in student loans after graduating law school, says comprehensive tax reform would allow American families to get the most out of their-hard earned money.
“Tax reform is a key part of reinvigorating the American dream so that couples have the flexibility to choose how to best start and raise a family. The status quo means the cost of having children makes those choices for them, resulting in smaller families, riskier pregnancies, longer commutes from more affordable exurbs and more missed recitals.”
“Families are how our values are passed down from generation to generation. We simply cannot have a strong nation without strong families, and working Americans face a challenge in the cost of raising children that threatens the health and vitality of our country.”
The Senator says that a comprehensive tax reform plan like the one he and Sen. Mike Lee (R-Utah) proposed not so long ago would do just that.
The plan would double the per-child tax credit to $2,000, making it refundable against the largest tax paid by families, the payroll tax.
Rubio says the House tax plan introduced last week simply doesn’t provide enough relief American families.
“We can begin the work of reconciling our social contract to the realities working families face by committing the resources of tax reform to a robust expansion of the per-child tax credit. Doing so would ensure that lower-income Americans will not be left out of the biggest legislative undertaking of this Congress.”
“Most important, expanding the child tax credit would align our nation’s tax code with what every parent already knows to be true: Raising children is the most important job we will ever have.”