Political Quotes

“Mr. President, today, Senator Brown and I are introducing important legislation to extend tax relief to working families: The Working Families Tax Relief Act of 2013. This legislation will ensure that taxes do not increase on working families in the coming years, and will expand an effective incentive to work. The Working Families Tax Relief Act of 2013 is pro-family, pro-work legislation that would permanently extend critical refundable tax credit provisions that have helped lift millions of working families out of poverty. These provisions were only extended for 5 years in the American Taxpayer Relief Act, the same bill that permanently lowered the estate tax for the wealthiest Americans. The Child Tax Credit, CTC, and the Earned Income Tax Credit, EITC, are refundable tax credits that encourage work, help families make ends meet, and lead to healthier and better educated children. Both the Senate-passed budget and the President's FY 2014 budget request call for making these provisions permanent. Consistent with the original goals for the EITC, the Working Families Tax Relief Act would help the only group that our Tax Code pushes into poverty: childless workers. The EITC was designed to help childless workers offset their payroll tax liability. In reality, employees bear the burden of both the employee and employer portion of the payroll tax.…”