USCCB stresses key moral concerns in final Tax Reform Bill

Wed, Dec 6th 2017 11:35 am

WASHINGTON— As Congress prepares to reconcile the House of Representatives and Senate tax reform bills, Bishop Frank J. Dewane of Venice, Florida, chairman of the U.S. Conference of Catholic Bishops' Committee on Domestic Justice and Human Development, insisted that "Congress should advance a final tax reform bill only if it meets the key moral concerns . . ."

 

"According to Congress' own nonpartisan analysis, the Tax Cuts and Jobs Act bills recently passed by the House and the Senate raise taxes on the poor and cut taxes on the rich, violating basic principles of justice," wrote Bishop Dewane.  "Congress has proposed a web of wide-ranging and complex changes to the tax code, yet is approaching the process at a pace that makes it difficult even for experts in the impacted areas to analyze effects." 

 

According to the nonpartisan Joint Committee on Taxation, the Senate and House bills eventually increase taxes on taxpayers in the lowest brackets, while at the same time maintaining tax cuts for higher earners, including the very wealthy. Bishop Dewane expressed support for positive proposals contained in both the House and Senate bill, such as doubling the Standard Deduction, expansion of 529 savings plans, increases for deductions for educator expenses, and the idea of expanding the child tax credit, though he urged a robust expansion that includes the refundable portions of the credit.

 

However, the Bishop highlighted serious problems that remain in one or both of the proposed bills:  elimination of personal exemptions, repeal of the Affordable Care Act's individual insurance mandate apart from broader health care reform, and failure to include changes that will protect against a steep drop in charitable giving, among others.

 

"Policy that is good for workers, families who welcome life, families who are struggling to reach (or stay in) the middle class, and the very poor, has by design been a part of our tax code for years," noted Bishop Dewane.  "Any modifications to these important priorities of our nation should only be made with a clear understanding and concern for the people who may least be able to bear the negative consequences of new policy."

 

The full letter can be found at: http://www.usccb.org/issues-and-action/human-life-and-dignity/federal-budget/upload/Tax-Conference-Letter-Congress-2017-12-06.pdf

 

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