November 10, 2017 06:23 PM
The adoption tax credit is off the chopping block, which is news many Minnesotans on both sides of the aisle were hoping to hear.
House Republicans had proposed getting rid of the credit, which can be worth upwards of $13,000 per family, as part of their tax plan. After Republican senators preserved the tax credit in their tax proposal, House Republicans followed suit, offering an amendment to their plan Thursday.
"We're doing it because we want to provide a safe and loving home for a child," Rep. Kevin Brady (R -- Texas) said at the time.
Do you agree with the decision to preserve the adoption tax credit? Or should it be repealed, as was the plan in the original House Republicans tax bill?
Without the credit, parents like Margaret and Erick Gustafson say their families wouldn't be possible. The Gustafsons adopted two kids, both from Minnesota's foster system. Their older son Willy battles fetal alcohol syndrome. Margaret said younger son, Freddy, tested positive for cocaine at birth.
"It helps people adopt kids, and it helps kids that need adoption - especially those with disabilities, with behavior difficulties, all that kind of stuff -- get adopted," Margaret explained, adding that she believes the credit actually saves taxpayers money in the long run.
"It's a very simple equation," Margaret said. "You're going to pay one way or the other so why not pay in the way that you're going to have the best outcomes."
A group of Minnesota Republicans fought to preserve the adoption tax credit too, writing a letter to the state's congressional delegation urging them to keep it.
Other Credits Eliminated in House Tax Bill:
The group included Rep. Bob Dettmer (R -- Forest Lake), who adopted two sons of his own, both West Point graduates who've since served four deployments a piece.
"When you give a tax credit or take away taxes you have to look at, is it going to benefit to do that? And in this case, I think the adoption tax credit is a good thing for Minnesota and a good thing for America," Dettmer said.
Updated: November 10, 2017 06:23 PM
Created: November 10, 2017 04:20 PM
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