November 30, 2021

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A Tax Break for Union Dues

1 min read

Democrats have agonized for months over where to find money for their blowout tax and spending bill, so it’s worth paying attention to the revenues they explicitly forgo. The bill offers tax breaks for key progressive constituencies, and one that has received little attention is a big gift to Big Labor.

The bill the House passed would allow union members to deduct up to $250 of dues from their tax bills. The deduction is “above the line,” meaning filers can exclude the cost of dues from their gross income. In other words, union dues would get the same treatment now reserved for things like insurance premiums and retirement contributions. The deduction would last through 2025. The Joint Committee on Taxation estimates its cost at $1.8 billion.



2021-11-25 16:43:00

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