Washington D.C., Nov 7, 2017 / 12:32 pm
The author of the first federal adoption tax credit has spoken out against the proposed removal of the credit in the GOP tax reform bill introduced in Congress last week.
“The tax code should support families, and, in a specific way, adoptive families who generously seek to welcome children into their loving homes,” said Rep. Chris Smith (R-N.J.) in a Nov. 7 letter sent to Republican House leadership.
“Every child deserves a loving family – and it is incumbent on us to assist those parents who seek to build their families through adoption.”
Smith’s letter voiced concern over provisions in the recently introduced Tax Cuts and Jobs Act that would repeal the adoption tax credit and exclude employer adoption assistance programs from taxation.