Todd Tiahrt: “tax relief is as good as a pay raise, maybe even better. A pay raise could mean higher taxes. It could result in sending…”

“tax relief is as good as a pay raise, maybe even better. A pay raise could mean higher taxes. It could result in sending more money to Washington, D.C., and have very little extra money jingling around in our pockets. But tax relief is more money in the household budget. Mr. Speaker, Americans do one of two things when they get a little extra money in their pocket. It is saved or it is spent. Either is good for the economy. Saving the money from a tax cut would provide more resources, more capital for creating new jobs and new businesses. Spending the tax relief not only provides for the needs of hard-working Americans, but the demands for products will create new jobs and sustain the jobs we have. Mr. Speaker, tax relief can be as good, if not better, than a pay raise, and the Republican plan will not only restore the integrity of Social Security, rebuild our national defense, strengthen education, but it will also provide much-needed tax relief for hard-working Americans.”