WASHINGTON— As Congress prepares to reconcile the House of Representatives and Senate tax reform bills, Bishop Frank J. Dewane of Venice, Florida, chairman of the U.S. Conference of Catholic Bishops' Committee on Domestic Justice and Human Development, insisted that "Congress should advance a final tax reform bill only if it meets the key moral concerns . . ."
"According to Congress' own
nonpartisan analysis, the Tax Cuts and Jobs Act bills recently passed by the
House and the Senate raise taxes on the poor and cut taxes on the rich,
violating basic principles of justice," wrote Bishop Dewane. "Congress
has proposed a web of wide-ranging and complex changes to the tax code, yet is
approaching the process at a pace that makes it difficult even for experts in
the impacted areas to analyze effects."
According to the nonpartisan Joint
Committee on Taxation, the Senate and House bills eventually increase taxes on
taxpayers in the lowest brackets, while at the same time maintaining tax cuts
for higher earners, including the very wealthy. Bishop Dewane expressed support
for positive proposals contained in both the House and Senate bill, such as
doubling the Standard Deduction, expansion of 529 savings plans, increases for
deductions for educator expenses, and the idea of expanding the child tax
credit, though he urged a robust expansion that includes the refundable
portions of the credit.
However, the Bishop highlighted
serious problems that remain in one or both of the proposed bills:
elimination of personal exemptions, repeal of the Affordable Care Act's
individual insurance mandate apart from broader health care reform, and failure
to include changes that will protect against a steep drop in charitable giving,
among others.
"Policy that is good for workers,
families who welcome life, families who are struggling to reach (or stay in)
the middle class, and the very poor, has by design been a part of our tax code
for years," noted Bishop Dewane. "Any modifications to these important
priorities of our nation should only be made with a clear understanding and
concern for the people who may least be able to bear the negative consequences
of new policy."
The full letter can be found at: http://www.usccb.org/issues-and-action/human-life-and-dignity/federal-budget/upload/Tax-Conference-Letter-Congress-2017-12-06.pdf