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Nebraska City News-Press - Nebraska City, NE
  • Iowa representative argues for tax relief

  • Rep. Bruce Braley (IA-01) today sent a letter to Speaker John Boehner asking him to bring important tax credits for Iowa families to the House floor for a vote. The tax credits include Braley’s Child Tax Credit Restoration Act which would double the Child Tax Credit, Braley’s Tuition Relief for Students Act to extend the tax deduction for undergraduate and graduate students, and the Earned Income Tax Credit.
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  • Rep. Bruce Braley (IA-01) today sent a letter to Speaker John Boehner asking him to bring important tax credits for Iowa families to the House floor for a vote. The tax credits include Braley’s Child Tax Credit Restoration Act which would double the Child Tax Credit, Braley’s Tuition Relief for Students Act to extend the tax deduction for undergraduate and graduate students, and the Earned Income Tax Credit.
    “These commonsense tax credits would help offset the tax burden on Iowa families and make college more affordable for middle class Iowans,” Braley said. “Bringing these important pieces of legislation to the floor for a vote and passing them quickly is a no-brainer for families and the economy. The House has prioritized tax credits for businesses—which I’ve been happy to support—but working class families shouldn’t be ignored.”
    The Child Tax Credit is currently set at $1,000, but has not kept up with inflation since it was last raised in 2001. Braley’s legislation which he first introduced in February would double the value of the credit up to $2,000 for qualifying families.
    Braley’s Tuition Relief for Students Act would extend the $4,000 tax deduction for undergraduate and graduate students for four years.
    Braley’s letter argues that improvements to the Earned Income Tax Credit should be made permanent as it is one the most successful policies in place for lifting families out of poverty and encouraging work.
    “These are common-sense tax cuts for middle class families, and I urge you not to delay any more and to bring these tax cuts up for a vote,” Braley’s letter reads.
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