Thread: Rubio to vote against GOP tax bill unless tax credit for working poor is expanded

Rubio to vote against GOP tax bill unless tax credit for working poor is expanded
WASHINGTON, DC - Senator Marco Rubio walks through a crowd of journalists to attend the weekly policy luncheon just off the Senate floor while answering questions concerning the being written healthcare bill on Capitol Hill in Washington, DC Tuesday June 20, 2017. (Melina Mara/The Washington Post)

By Jeff Stein December 14 at 1:44 PM

Sen. Marco Rubio (R-Fla.) has informed Senate leaders he intends to vote against the Republicans’ $1.5 trillion tax plan unless it includes a larger expansion of a child tax credit, according to a Senate GOP source.

Rubio and Sen. Mike Lee (R-Utah) proposed a change to expand the tax credit as part of the tax bill that passed the Senate, but the plan was opposed by GOP leadership and voted down.

As Republicans look to reconcile the House and Senate bills into a joint final version, Rubio and Lee have pushed a change to the child tax credit that would allow millions more low-income families to take advantage of the bill’s expanded credit.The change they’re now pushing would expand the credit by $80 billion over 10 years, a smaller change than he posed to the Senate bill.

If Rubio votes against the bill, Republicans can afford to only lose one more vote on their tax plan and pass it through the Senate. They control 52 seats in the Senate and need 50 to pass their bill, as Vice President Pence could break a tie. But Sen.

Bob Corker (R-Tenn.) already opposes the plan because of its effect on the federal deficit.

https://www.washingtonpost.com/busin...=.2e862bfc987c

NO MORE TAX CREDITS!

ALREADY GETTING DOUBLE STANDARD DEDUCTION AND ZERO TAX ON FIRST $24,000!

Rubio is such a third world dummie. Not sure what Mike Lee is thinking, I guess all those large Mormon families in Utah want more? I thought they were all doing pretty well and could afford their big families, apparently not.

Rubio want to give them $2,000 tax credit...if they pay NO taxes...they will get refunds!

NO NO NO NO NO NO!

CUT THESE CREDITS AND LOOP HOLES...THAT IS THE WHOLE POINT OF SIMPLYFING OUR TAXES!

CNN NEWS ALERT

GOP tax bill language finalized, two sources say. Child tax credit expanded, but unclear if Rubio drops opposition.

Bottom line: The House is likely to go first, with a vote on Tuesday. Senate would then follow, likely starting work on Tuesday and finishing up as soon as Tuesday night or early Wednesday. Again, this all remains subject to change.

http://www.cnn.com/2017/12/15/politi...est/index.html

A spokeswoman for Mr. Rubio said the senator will vote yes on the legislation, given the changes that were made. The final bill will allow families who owe no federal income taxes to still claim up to $1,400 of the $2,000 child tax credit, up from $1,100 in the original version.

https://www.nytimes.com/2017/12/15/u...-tax-bill.html