Tax Reform

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  • Reed: American Families Deserve Fair, Simple Tax Code
    Posted in Press Releases on June 27, 2016 | Preview rr
    Tags: Tax Reform

    Tom Reed continued standing up for families and small businesses by supporting the blueprint to overhaul the American tax code that was unveiled by House Republicans this morning. “We care about lowering taxes for families and encouraging small businesses to create jobs and thrive. The only way that we can ensure this happens is if we develop a fairer and simpler tax code,” said Reed. “Lower taxes mean more quality, family sustaining jobs in our region. Eliminating taxes on exports will bring co... Read more

  • Honda Introduces Bipartisan Energy Storage Tax Relief
    Posted in In the News on June 6, 2016 | Preview rr
    Tags: Energy, Tax Reform

    The legislation will provide the same tax credit that renewable energy installations get, for those companies and homes who install energy storage facilities. Read more

  • House approves Renacci bill to protect taxpayers from identity theft
    Posted in In the News on June 6, 2016 | Preview rr
    Tags: Tax Reform

    U.S. Rep. Tom Reed (R-NY) said on the House floor that the bill works to ensure that the tax administration and tax code respect the privacy of individuals. Read more

  • Reed Fights for Working Families, Offers Tax Relief
    Posted in Press Releases on February 1, 2016 | Preview rr
    Tags: Tax Reform

    Tom Reed continued his efforts to help working families by sponsoring a proposal designed to help those struggling to pay mortgages with tax relief. “We care about those who are struggling to make ends meet,” said Reed. “No one, who has gone through the process of receiving mortgage debt relief, should lose their home due to a federal tax bill. It’s just not right to undercut their efforts to stay on their feet.” The proposal which was recently enacted into law as part of the Protecting American... Read more

  • Reed Highlights Natural Disasters Tax Act
    Posted in In the News on July 1, 2015 | Preview rr
    Tags: Tax Reform

    The tax code must work when natural disasters strike local areas, U.S. Rep. Tom Reed said. Read more

  • No Labels stakes out a national agenda
    Posted in In the News on June 29, 2015 | Preview rr
    Tags: Economy and Jobs, Energy, Tax Reform, Securing Social Security

    President Obama recently expressed his frustration at dysfunction in Washington. “Congress doesn’t work the way it should. Issues are left untended. Folks are more interested in scoring political points than getting things done,” the president said. “And as mightily as I have struggled against that . . . it still is broken.” Read more

  • Reed Helps New York Farmers: Touts House Repeal of Death Tax
    Posted in Press Releases on April 16, 2015 | Preview rr
    Tags: Tax Reform

    Today the House of Representatives repealed the ‘Death Tax’ in a package of bipartisan reforms designed to protect the American taxpayer. Congressman Tom Reed made the following statement: “Death should not be a taxable event. Yet for our Southern Tier and Finger Lakes farmers and families who've lost loved ones, it can mean the end of their livelihood. This is because the death tax can force grieving families to sell off parts of family farm or the business entirely. This is wrong. I care about... Read more

  • Reed: Acting to Protect the American Taxpayer
    Posted in Press Releases on April 13, 2015 | Preview rr
    Tags: Tax Reform

    On his weekly media call Congressman Tom Reed shared how he is taking the lead to protect the American taxpayer and grow the economy. “With April fifteenth right around the corner, the taxpayers in the Southern Tier and Finger Lakes do not need a reminder it is tax season. Under the current tax code no one is being treated fairly. That is why I am committed to fostering a tax code that is simple, fair, and competitive. The current system is unfair and New Yorkers are fed up." “In light of the IR... Read more

  • Reed Calls House-Passed Tax Provision Extender Package “Critical for jobs”
    Posted in Press Releases on December 4, 2014 | Preview rr
    Tags: Economy and Jobs, Tax Reform

    Reed Calls House-Passed Tax Provision Extender Package “Critical for jobs” Package also includes provisions of Reed’s Mortgage Forgiveness Tax Relief Act and Fighting Hunger Incentive Act Calling its passage “Critical for jobs,” Rep. Tom Reed today voted in support of the House package of tax provision extenders. The bill, which renews various tax provisions which expired or were set to expire, passed the House on a bipartisan vote. “It is unfair that businesses and taxpayers are left in the dar... Read more

  • Reed Joins Local Small Business Owners to Talk about the Health Insurance Tax
    Posted in Press Releases on October 24, 2014 | Preview rr
    Tags: Economy and Jobs, Ensuring Access to Health Care, Tax Reform

    Today Tom Reed met with small business owners for a roundtable discussion about the health insurance tax, or HIT, and its impact on New York small businesses and their employees. Reed is a co-sponsor of the bipartisan Small Business and Family Relief Act, which would delay the HIT for two years and give small business owners time to prepare for this new financial burden. In addition, Reed cosponsored the Jobs and Premium Protection Act, which would repeal the HIT and permanently relieve small bu... Read more