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Making the Tax Code Work for Working Americans

Peter strongly supports reforming the tax code to make it work for hard working Americans rather than the top one percent of Americans.

  • Expand the Earned Income Tax Credit
  • Expand the Child Care Tax Credit
  • Impose a fee on Wall Street transactions to discourage casino-style speculative trading that led to the near collapse of our economy in 2008
  • Set aside revenue from Wall Street transaction fee for rebuilding roads and bridges, and building out high speed internet to rural areas
  • Close tax loophole for hedge fund managers
  • End corporate tax inversions
  • End outsourcing of American jobs
  • End tax deductions for corporate golden parachutes and executive compensation

More on Making the Tax Code Work for Working Americans

June 21, 2018 Press Release

Representative Peter Welch (D-Vt) issued the following statement in response to today’s landmark Supreme Court decision in South Dakota v.

December 19, 2017 Press Release

WASHINGTON – Today on the floor of the House of Representatives, Rep. Peter Welch (D-VT) railed against the GOP tax bill as it was debated by Members of Congress. Welch voted against the bill which passed the House this afternoon by a vote of 227-203. 

February 26, 2016 Press Release
Rep. Peter Welch, co-chair of the House Drug Pricing Task Force, called on the Obama Administration this week to block an effort by pharmaceutical giant Pfizer to dodge billions of dollars in federal taxes.
July 21, 2015 Press Release
At Northern Power Systems in Barre this morning, Rep. Peter Welch (D-VT) called on Congress to re-authorize the recently-lapsed Export-Import Bank of the United States. Welch was joined by representatives of Vermont's business community as well as businesses that have received loans from the Bank, including Northern Power Systems.
April 21, 2015 Press Release
This afternoon, the U.S. House of Representatives approved bipartisan energy efficiency legislation authored by Rep. Peter Welch (D-VT) and Rep. David McKinley (R-WV). President Obama is expected to sign the bill into law.
March 23, 2015 Press Release
At Frank's Motorcycle Sales and Service in Essex Junction, Representative Peter Welch announced the reintroduction of bipartisan legislation that would reform the federal requirement to blend biofuels, such as corn ethanol, into gasoline. The RFS Reform Act (H.R. 704) would repeal the mandate to blend corn based ethanol into gasoline which results in serious damage to small engines.
March 23, 2015 Press Release
At Frank's Motorcycle Sales and Service in Essex Junction, Representative Peter Welch announced the reintroduction of bipartisan legislation that would reform the federal requirement to blend biofuels, such as corn ethanol, into gasoline. The RFS Reform Act (H.R. 704) would repeal the mandate to blend corn based ethanol into gasoline which results in serious damage to small engines.
March 11, 2015 Press Release
In a joint statement, Leahy, Sanders and Welch said: "These grants are timely investments in communities across Vermont. Cities and towns are finding diverse and resourceful ways to use these grants to sustain our sense of community and drive their local economies.
February 17, 2015 Press Release

This afternoon in Montpelier, Rep. Peter Welch announced bipartisan legislation that would make it more affordable for Vermonters to install wood heating systems in their homes or businesses.

February 2, 2015 In The News

The Washington Post 

President Obama's budget request set for release Monday includes plans for a six-year, $478 billion public works program that would be paid for with a one-time 14 percent tax on overseas corporate profits.