Reclaiming my time, again I want to commend the gentleman from Missouri (Mr. Hulshof) and the gentleman from Wisconsin (Mr. Ryan) for their leadership on making permanent what we call the Bush tax cut and what the real impact is on families. When we think about it, voting against permanency is a tax increase. It is a tax increase on millions of Americans. The Bush tax cut actually provides help for 100 million Americans who benefited from the Bush tax cuts: across-the-board rate reductions, which helped everyone who pays taxes; elimination of the marriage tax penalty; elimination of the death tax; doubling the child tax credit; increased opportunity for retirement savings and saving for education. If you vote against making it permanent, you are really voting to put the marriage tax penalty back on Jose and Magdalene Castillo, or Shad and Michelle Hallihan and 28 million other married working couples across America who pay higher taxes, or the hundreds of thousands of small businesses and family farms that are in jeopardy of moving on to the next generation because of the death tax; and if we fail to make permanent the elimination of the death tax, we put it back in place, jeopardizing the future of the family farm and the family business.
Editor's note · Context
Discussing the importance of making the Bush tax cuts permanent.
Share
More from Gerald Weller
I rise in support of the U.S.- Colombia Trade Promotion Agreement, and I urge the Speaker of the House to bring this important measure before the House for an up-or-down vote, and submit for the Record two articles, one a column recently…
I want to rise in support of H.R. 6081, the Heroes Earnings Assistance and Relief Tax Act of 2008. I particularly want to point out that this product that is before us today is bipartisan. It is clear that both Republicans and Democrats…
last month the members of the Ways and Means Committee heard compassionate testimony on several of the tax and benefit provisions for veterans, military families and volunteers in the bill we are considering on the floor today. Several…
And of course these tariffs would be eliminated immediately upon implementation of the U.S-Colombia Trade Agreement. I yield back the time, but it is so important to point out, Illinois is a big winner, manufacturers as well as farmers.





