Political Quotes

On the recordMay 9, 2003
I support the Jobs and Growth Package, H.R. 2, and want to express my appreciation to President Bush, House Leadership and the Ways and Means Committee members for their commitment to tax relief for Americans. Tax relief and simplification are desperately needed by working Americans all across this country and in my home state of Iowa. At a time when many families are feeling the pinch, it is essential that we allow Americans to keep more of their hard-earned dollars. Two hundred billion dollars will be brought into the economy by the end of next year with this legislation, giving much needed relief to over-taxed Americans and businesses. Small business and farming are the backbone of Iowa's economy. What I believe may be the most important components of this tax package are the provisions encouraging business investment. Accelerated depreciation incentives and increasing the amount small businesses can expense to $100,000 are crucial to the success of entrepreneurs in Iowa. Overall, this measure will create over 9,000 jobs in my home state in just the first year.
Said by
Steve King
Republican · Iowa

Editor's note · Context

Supporting the Jobs and Growth Package and discussing its impact on tax relief and job creation in Iowa.

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