Marco Rubio: Tax Code Shouldn't Encourage Welfare Over Work
Sen. Marco Rubio (R-Fla.) joined Sandra Smith on "America's Newsroom" today to discuss the Senate's tax plan and how it differs from the House version.
The Senate bill is expected to include billions in tax cuts for people and corporations, a repeal of the federal deduction for state and local taxes, an increase in the size of child care credits and a compression of the personal income tax brackets from seven to four.
"What really matters is: How much do you pay at the end of the day?" Rubio said. "I think that's what people care about at the end of the day."
He said the "vast, overwhelming majority" of Americans who need a tax cut are going to get one.
He said he's particularly passionate about ensuring that the plan at least doubles the per-child tax credit to $2,000 to help working class families.
"It cannot be that it is more lucrative to not work and raise four kids with the government benefits that come with that than it is to take a job for $35,000 a year," Rubio said. "That can't be, and our tax code should not encourage that."
Sandra Smith pointed out that some are expecting a clash between House and Senate Republicans, but Rubio said that's simply how legislation works.
"Tax reform is hard. That's why it hasn't been done in 25 years," Rubio said. "But it's not a clash. It's the way this thing works."
He added that he's "cautiously optimistic" they will be able to get a result that satisfies everyone.
Watch more above.