DeLauro Releases Fact Sheets on Tax Deal

Today, Congresswoman Rosa DeLauro (CT-03) released two fact sheets on the tax deal. The first fact sheet examines the differences between the American Rescue Plan and the Wyden-Smith Tax Deal. The second fact sheet outlines which corporations pay little to no federal income tax.

“The tax deal fails on equity,” said Congresswoman DeLauro. “It delivers huge tax cuts for giant corporations while denying middle class families the economic security they had under the expanded, monthly Child Tax Credit.  It also leaves the poorest families behind because of a policy choice. At a time when a majority of American voters believe tax on big corporations should be increased, there is no reason we should be providing corporations a tax cut while only giving families pennies.”

A side-by-side comparison of the American Rescue Plan and the tax deal can be found here.

A fact sheet on which corporations pay little to no tax can be found here.