Taxes

Resolution Designating April 15, 2011 as “National TEA Party Day”

While nobody argues against fair levels of taxation to fund the critical functions of government, it is clear to me that the federal government spends too much and is expanding well beyond what we can afford. We need to reduce the tax burden on the American people.

Now more than ever, we also need to reform and simplify our tax code, and I am working on many initiatives to accomplish this goal, including:

Replacing our tax code with something much more fair and simple.

Cutting income tax rates across the board for everyone who pays taxes.

Ensuring that we do not face the largest tax hike in our history by extending current tax relief and not allowing tax rates to increase automatically.

Permanently ending or significantly reducing the federal estate tax.

Helping small businesses expand through higher expensing caps and other tax incentives.

Senate Finance Committee

Joint Committee on Taxation

U.S. Department of the Treasury

Internal Revenue Service

Latest

• Vitter Introduces Legislation to Stop Illegal Immigrants from Receiving Obamacare, Tuition Tax Credits

  (Washington, D.C.) -- U.S. Senator David Vitter (R-La.) today introduced a package of bills to prevent illegal immigrants from receiving healthcare subsides through Obamacare and higher education tax credits.

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  Posted on 07/30/14

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• Vitter: Excess Property Wasting Taxpayer Money in New Orleans

  (Washington, D.C.) - U.S. Senator David Vitter (R-La.) sent a letter to Tamara Gray, the Director of the Special Applications Center for the U.S. Department of Housing and Urban Development (HUD), asking HUD to respond to a request from the Housing Authority of New Orleans (HANO). HANO submitted an application to HUD in September of 2013 asking to sell its excess properties but has not received a response.

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  Posted on 07/25/14

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• Vitter Amendment to Veterans’ Cost of Living Adjustment would Authorize Lafayette, Lake Charles VA Clinics

  (Washington, D.C.) - U.S. Sen. David Vitter introduced an amendment to legislation before the U.S. Senate to fund a cost of living adjustment (COLA) for veterans. Vitter’s amendment would authorize the completion of veterans affairs (VA) clinics in Lafayette and Lake Charles that have been bogged down and halted by bureaucratic delays.

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  Posted on 02/12/14

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• Vitter Answers Question on Taxes during Virtual Town Hall

  

  Posted on 03/13/13

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• Sens. Vitter, Sherrod Brown Urge Bernanke to Increase Capital Standards

  
  (Washington, D.C.) - U.S. Sens. David Vitter (R-La.) and Sherrod Brown (D-Ohio) sent a bipartisan letter urging Federal Reserve Chairman Ben Bernanke to increase the capital requirements of megabanks.
  
  “Placing higher capital requirements on megabanks is a common sense way to fix the dangers of too-big-to-fail, and Chairman Bernanke has even said this would make our financial system safer with limited impact on the economy,” said Vitter. “The megabanks should bear their own risks so that taxpayers won’t get hung out to dry with another Wall Street bailout.”

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  Posted on 08/07/12

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• Vitter Opposes Tax Increase Legislation, Supports 1-Year Extension of Current Rates

  (Washington, D.C.) - U.S. Sen. David Vitter today opposed legislation that would have not only increased taxes on small business owners and job creators, but also would have increased the death tax, impacting Louisiana farmers and other small businesses like seafood producers.

   

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  Posted on 07/25/12

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• Vitter: Obama Tax Increase Would Further Cripple Economy

  (Washington, D.C.) - U.S. Sen. David Vitter today made the following statement after President Obama’s announcement to increase taxes. At a press conference today, President Obama announced his plan to let some of the 2001 and 2003 tax cuts expire, resulting in a $850 billion tax increase.

   

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  Posted on 07/09/12

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• Vitter Receives 2011 Taxpayers’ Friend Award from National Taxpayers Union

  Posted on 05/10/12

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• Vitter: End TARP Housing Program Bailout, Return Taxpayer Money

  (Washington, D.C.) - United States Senator David Vitter (R-La.) today sent a letter urging U.S. Treasury Secretary Timothy Geithner to end the Supplemental Directive on the Making Home Affordable Program and return that taxpayer money to the Treasury. An estimated $41 billion is sitting unused for the program, which could be returned. U.S. Sen. Jim DeMint (R-S.C.) joined Vitter’s letter.

   

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  Posted on 04/17/12

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• Vitter: Sham Debt Limit Vote Typifies What’s Wrong with Washington

  (Washington, D.C.) - U.S. Sen. David Vitter made the following statement after a vote on a resolution to block an increase of the debt ceiling. 

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  Posted on 01/26/12

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