Katie Porter for Congress

Economy and Taxes

Orange County families are feeling the squeeze of rising prices, which is why we must reform the tax code so Orange County families finally get the tax relief they deserve. Katie has introduced the Supporting Americans with Lower Taxes (SALT) Act to lower taxes for Californians making less than $400,000 per year.

Our country needs tax reform so huge multinational corporations and the ultra-wealthy pay their fair share, just like the rest of us do. In 2020, over fifty of the largest corporations paid $0 in federal income tax. Katie supports giving the IRS the resources it needs to go after tax cheats.

Cracking down on this type of tax evasion will help our country get our fiscal priorities straight and allow us to have a strong, stable, globally competitive economy. By lowering the costs people face everyday – at the gas pump, in the grocery store, at the pharmacy, and for things like childcare and college – Americans can keep and save more of their hard-earned money and strengthen the economy for everyone.

Katie believes in capitalism – and knows that, at its best, a strong capitalist economy is built on competition. Without it, prices go up and wages go down. In Congress she is leading the efforts to crack down on anticompetitive behavior that drives up prices for consumers – whether that anticompetitive behavior comes from Big Tech, airlines, or major poultry companies.

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