SALT & ECONOMY
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To keep momentum going on the need to repeal the SALT cap, Congressman Tom Suozzi (D-NY) and Congresswoman Young Kim (R-CA) organized a bipartisan push with our nation’s cities, counties, and mayors to bring attention to the fact that the SALT cap has severely undermined the ability of local governments to govern, while at the same time hurting middle class families.
Video from the event is found here.
On Monday June 14, Congressman Tom Suozzi (D-NY), Congressman Brian Fitzpatrick (R-PA) and Congressional Task Force on Alzheimer’s Disease Co-Chairs Maxine Waters (D-CA), and Chris Smith (R-NJ) introduced the bipartisan Alzheimer's Research and Caregiving (ARC) Trust Fund Act to provide additional funding to federal Alzheimer’s research efforts and caregiver support services.
Today, Congressman Tom Suozzi (D-Long Island, Queens) introduced three pieces of legislation that would promote environmental sustainability across New York and Long Island. As a member of the powerful House Ways and Means Committee, the chief tax-writing committee, Suozzi is able to advance legislation that would amend our tax code and offer incentives to homeowners, businesses, and state governments that promote environmental sustainability.
Today, Representatives Tom Suozzi (D-NY), Steven Horsford (D-NV), Don Beyer (D-VA), Brad Schneider (D-IL), and Gwen Moore (D-WI) introduced legislation that would increase the amount of the Work Opportunity Tax Credit (WOTC) to help disadvantaged groups who have been hardest hit by the COVID-19 pandemic. Occupations hit the hardest with prolonged unemployment during the COVID-19 pandemic overlap considerably with those most helped by WOTC, including young workers, women, lower-skill workers, and minorities.
– Today, Congressman Tom Suozzi (D-Long Island, Queens) announced that New Yorkers will begin to see monthly payments of the expanded Child Tax Credit (CTC) on July 15th. Eligible families are expected to receive $300 per month for each child under the age of six and up to $250 per month for each child six and above. To qualify, you only need to file your taxes by May 17th.
Press Release
Funds from the American Rescue Plan are on the way for local institutions; At least half of the funding will be distributed to students as emergency financial aid
Today, Congressman Tom Suozzi (D-Long Island, Queens) reminded New York families to take advantage of the newly expanded Child Tax Credit (CTC) by making sure they file their federal taxes by the May 17th deadline.
“If you have children under 17, you may be eligible for thousands of dollars under the expanded Child Tax Credit,” said Suozzi. “Make sure you file your federal income taxes May 17th. The expanded Child Tax Credit is a major boost for New York families and families across America.”
– Today, Congressman Tom Suozzi (D- Long Island, Queens) released the following statement after the U.S. Treasury Department’s released Coronavirus State and Local Fiscal Recovery Funds, established under the American Rescue Plan Act.
Today, U.S. Representative Tom Suozzi (D-Long Island, Queens) announced that restaurants in New York will be able to apply for direct relief through the Restaurant Revitalization Fund beginning Monday, May 3rd. Applicants can register on the U.S. Small Business Administration application portal.
SUOZZI’S SALT MISSION: THE CONGRESSMAN’S CRUSADE TO CHANGE A CORROSIVE TAX LAW GAINS STEAM
By DAILY NEWS EDITORIAL BOARD
NEW YORK DAILY NEWS | APR 22, 2021
In 2017, as a freshman congressman from Long Island (and a slice of Queens), Tom Suozzi was on the righteous but losing side of a noble fight. He voted against the terrible Trump tax change that capped deductions of state and local taxes, punishing millions of Americans by raising their liability to the IRS by tens of thousands of dollars a year. Suozzi wasn’t alone, as every Democrat in the House and the Senate opposed the SALT cap, as did some Republicans.