Congressman Steve King

Representing the 4th District of Iowa

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ICYMI: Breitbart News’s Pollak- GOP Should Add King’s “New IDEA” to Tax Reform Plan

Nov 8, 2017
Press Release

Washington, D.C.- In Case You Missed It: In an op-ed published today, Breitbart Senior Editor-at-Large Joel B. Pollak writes that Republicans should pass an amendment adding Congressman Steve King’s H.R. 176- New IDEA legislation to the tax reform package, H.R. 1. The op-ed is entitled “Republicans Should Use Tax Reform to Deal with Obamacare and Immigration.”

Excerpts:

“First, Republicans should simplify the tax proposal, focusing on the reduction in the corporate tax rate, which is the only “no-brainer” in the bill and is certain to bring in more revenue. The task of simplifying the income tax brackets, and stripping out distortionary tax deductions, may have to be tackled later.

Second, Republicans should add two amendments to the tax bill. One is a proposal to repeal the individual mandate of Obamacare. The individual mandate is the most constitutionally problematic part of the bill, and the essence of what Republicans opposed in 2010. Repealing the mandate is also the only way to reform the system without imposing more costs on patients, at least directly. The rest of the system can be addressed further down the road. A similar “skinny repeal” proposal failed in the Senate on a standalone vote, but it would likely pass when bundled into a must-pass bill like tax reform, which even moderate Republicans would be reluctant to be seen opposing.

The other amendment should be the “New IDEA” bill, already proposed by Rep. Steve King (R-IA) as an addition to the tax reform package. It would prevent employers from expensing wages and benefits paid to illegal aliens. That would not, of course, solve the country’s illegal immigration problem, but it would be an important first step.”

Read the whole thing: here.

Background:

On Monday, King and 11 of his House colleagues sent a letter to Chairman Kevin Brady asking the Ways and Means Committee to include King’s HR 176- New IDEA (Illegal Deduction Elimination Act) into H.R. 1, the Tax Cuts and Jobs Act.

Congressman Steve King has also published an op-ed arguing for the inclusion of New IDEA in the tax reform legislation. That op-ed can be found on Congressman King’s website, or in its published form.

An analysis by the Center for Immigration Studies found that King’s legislation would raise more than a quarter of a Trillion ($254 billion) in revenue over ten years.

 

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