Connecticut employers think deferring payroll taxes is too complex, and somewhat risky.
Ways and Means Committee
Posted inPolitics
Larson enlists Ocasio-Cortez to help sell his Social Security overhaul
Larson hopes the high-profile millennial lawmaker will jump-start Democratic support for his Social Security 2100 bill.
Posted inMoney
House Republicans slam Larson’s plan to reform Social Security
GOP lawmakers say U.S. Rep. John Larson’s plan to keep Social Security solvent would hurt millennials and the nation’s small businesses,
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Larson, other Dems sue for Trump tax returns
The lawsuit relies on a 1924 law that gives House and Senate tax-writing committees broad authority to demand White House tax returns.
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House Dems press for end to SALT deduction cap
Democrats say the cap on the deductibility of SALT taxes hurts middle-class Americans. The GOP says it only affects the rich.
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Larson part of Democratic effort seeking Trump’s tax returns
WASHINGTON — While Democrats are stepping up investigations of the White House, a new poll finds most Americans oppose Donald Trump’s impeachment.
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Murphy joins other Dems in new effort to seek Trump’s tax returns
WASHINGTON – Sen. Chris Murphy on Friday joined a group of fellow Democrats who re-introduced legislation that would require President Donald Trump – and his successors in the White House – to release their federal tax returns. But that bill is likely to stall, as it did in the last Congress, because the GOP has maintained control of the Senate.
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Blue wave could propel Conn. Democrats into powerful jobs
WASHINGTON — A blue wave that wrests control of the U.S. House from the GOP would propel Connecticut’s Democratic House members — who are favored to win another term — out of a political wilderness and into positions of power. But while they may be able to advance their political agendas, the prospects of a continued GOP-controlled Senate would limit their new power.
Posted inHealth, Politics
Cigna says tax law allows it to raise worker pay, increase benefits
WASHINGTON — Bloomfield-based Cigna is the latest American company saying it is giving its workers a raise because of the recent GOP-led tax overhaul.
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Larson sees ‘same result’ for GOP tax plan as Obamacare repeal
WASHINGTON — As a member of the House Ways and Means Committee, Rep. John Larson is on the front lines of Democratic opposition to the Republican plan to overhaul the federal tax code. He says the proposal is especially bad for taxpayers in Connecticut and predicts it will follow the same path to failure as the GOP attempt to repeal and replace Obamacare.
Posted inHealth, Politics
GOP gives House members proposal to repeal, replace the ACA
WASHINGTON — The proposal, which will be considered later this month in a series of hearings, includes replacement of the law’s subsidies that help people buy insurance with tax credits based on a person’s age, not income, and elimination of federally mandated basic benefits in an insurance plan.
Posted inMoney, Politics
CT lawmakers, except Himes, split with party over tax package
WASHINGTON – U.S. Reps. John Larson, Elizabeth Esty, Rosa DeLauro and Joe Courtney split from their party leaders Thursday in voting for a tax package that would make permanent a research and development tax break benefiting many Connecticut companies and tax credits to help low-income families.
Posted inNews
Vacation? How about staying in D.C. to fund roads?
Washington – It’s not often Connecticut’s Democratic lawmakers and the state AFL-CIO agree with the U.S. Chamber of Commerce, but when it comes to federal transportation funding, they’ve found themselves on the same page.
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Larson votes for — and against — same tax bill
WASHINGTON – Rep. John Larson, D-1st District, abandoned his party and defied a White House veto threat Friday by voting for a tax bill he co-sponsored and has promoted for years. But he has also voted against the measure.