King, Colleagues Want King’s Commonsense “New IDEA” In “Tax Cuts and Jobs Act”
Congressman Steve King announces today that he is asking Chairman Kevin Brady of the House Ways and Means Committee to include King’s New IDEA (Illegal Deduction Elimination Act) legislation as a component of H.R. 1, the Tax Cuts and Jobs Act. King’s legislation, HR 176- The New IDEA Act, amends the Internal Revenue Code to make it unlawful for employers to deduct wages and benefits paid to and on behalf of an illegal alien. New IDEA also makes the federal E-Verify Program permanent. King, joined by 11 of his colleagues, made the request in a letter sent to Chairman Brady today.
“Including this legislation in the Tax Cuts and Jobs Act is the right action for the American taxpayer—it preserves the rule of law and provides a significant tax savings. The Center for Immigration Studies (CIS) has estimated that eliminating deductibility for unlawful employment would increase federal tax revenues by approximately $25.4 billion per year, which is $254 billion over 10 years. This amount more than pays for any increase in the deficit over the limit set by reconciliation.
As we continue to debate the merits of this bill, and attempt to establish a more equitable system of taxation while ensuring that it does not contribute to our nation’s fiscal challenges, I can think of no better single piece of legislative language to include in this landmark tax bill.”
The signatories to King’s letter asking King’s New IDEA be included in the tax reform legislation include: Rep. Louie Gohmert, Rep. Paul Gosar, Rep. Mo Brooks, Rep. Matt Gaetz, Rep. Andy Biggs, Rep. Randy Weber, Rep. Lou Barletta, Rep. Scott DesJarlais, Rep. Duncan Hunter, Rep. Brian Babin, and Rep. Scott Perry.