Murray: "The 21st Century Worker Tax Cut Act Would Update Our Tax Code to Help Today's Families Keep More of What They Earn."

Statement

Date: March 26, 2014
Location: Washington, DC
Issues: Taxes

Today, Senate Budget Committee Chairman Patty Murray (D-WA) introduced the 21st Century Worker Tax Cut Act, a bill that would update the tax code to help today's workers and families keep more of what they earn. Complementing critical reforms like raising the minimum wage, the 21st Century Worker Tax Cut Act would update the tax code to provide targeted tax cuts designed for today's workforce. The bill builds on work incentives both Republicans and Democrats agree have been effective, and it is paid for by closing wasteful and inefficient tax loopholes both parties have proposed eliminating.

"As we continue this important debate about how to expand opportunity to those who are struggling, we need to make sure we are giving today's workforce the best shot at success in today's economy. We should increase our outdated minimum wage to give millions of workers a raise, and then Democrats and Republicans need to come together to update our tax code, and give today's struggling workers the tax relief they deserve. The 21st Century Worker Tax Cut Act would be a strong, fiscally responsible step toward that bipartisan goal, and I am hopeful that we can get this done for our workers as quickly as possible," Murray plans to say in a speech on the Senate floor this morning.


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