Tlaib rolls out bill to create tax credit for low- and middle-class people

Tlaib rolls out bill to create tax credit for low- and middle-class people
© Greg Nash

Rep. Rashida TlaibRashida Harbi TlaibEthics panel extends probe into Tlaib, says she likely misused campaign funds Ocasio-Cortez jabs 'plutocratic' late entrants to 2020 field Krystal Ball: Billionaires panicking over Sanders candidacy MORE (D-Mich.) on Wednesday rolled out legislation to create a new tax credit to help low-and middle-income people,

Tlaib's bill makes her the latest Democratic lawmaker to offer a tax-credit proposal in an effort to counter the GOP tax law and address the rising cost of living.

"The bill provides additional income ... and serves as a buffer for people and families who have seen their cost of living rise without their wages increasing at the same pace," Tlaib, a prominent freshman progressive lawmaker, said at a news conference.


The refundable credit amount under the bill would be up to $3,000 for individuals making less than $50,000 and $6,000 for married couples making less than $100,000, with the amount phasing out as incomes increase.

Unlike similar proposals from Democrats, Tlaib's proposed credit would be available to people even if they are not working.

"If you are individuals on disability or Social Security, or you're the grandmother that's taking care of children — those children who are desperate maybe from a broken family — you are still in need to be able to climb that mountain," said Rep. Sheila Jackson-Lee (D-Texas), a co-sponsor of the bill.

Tlaib's bill is similar to legislation introduced in the Senate by Sen. Kamala HarrisKamala Devi HarrisTrump to hold campaign rally in Florida later this month Overnight Health Care: Warren promises gradual move to 'Medicare for All' | Rivals dismiss Warren plan for first 100 days | White House unveils rules on disclosing hospital prices | Planned Parenthood wins case against anti-abortion group Harris introduces bill to prevent California wildfires MORE (D-Calif.), a 2020 Democratic presidential candidate. But under Harris's bill, only those with earned income and students would qualify for the credit.

Other Democratic lawmakers and presidential candidates have proposals to expand existing tax credits benefiting people with low and moderate incomes.

The House Ways and Means Committee passed a Democratic bill last week to provide expansions of the earned income tax credit, the child tax credit and the child and dependent care tax credit for two years.

The left-leaning Institute on Taxation and Economic Policy estimated that Tlaib's credit would provide most of its benefits to those in the bottom 60 percent of income, and would cost $380 billion in 2020.

In addition to Jackson Lee, co-sponsors of Tlaib's bill include Congressional Progressive Caucus co-chairs Pramila JayapalPramila JayapalProgressive House Democrat unveils bill to allow state-based 'Medicare for All' Progressives press Democrats to rethink Israel policy Democratic lawmakers call on Judiciary Committee to advance 'revenge porn' law MORE (D-Wash.) and Mark PocanMark William PocanGOP senator rips into Pelosi at Trump rally: 'It must suck to be that dumb' House progressives to push for floor amendments on Pelosi drug price bill How Trump and Pelosi went from bad to worse MORE (D-Wis.) and freshmen Reps. Ayanna PressleyAyanna PressleyOcasio-Cortez jabs 'plutocratic' late entrants to 2020 field Justice Democrats official denies that progressives struggle with electability The Hill's Campaign Report: Bloomberg looks to upend Democratic race MORE (D-Mass.) and Alexandria Ocasio-CortezAlexandria Ocasio-CortezJane Fonda leads DC climate protest for sixth straight Friday Ocasio-Cortez: 'Trump himself is clearly not satisfied with only one article of impeachment' The Hill's Campaign Report: Late bids surprise 2020 Democratic field MORE (D-N.Y.).