Ed Whitfield: “Finally, after 16 years, this Congress has passed a tax reduction for the American taxpayers. Listening to the debate on…”

“Finally, after 16 years, this Congress has passed a tax reduction for the American taxpayers. Listening to the debate on who will benefit from the proposed tax reduction, one would think that the President's plan and the congressional plan were the exact opposite from each other. The truth of the matter is that these bills are quite similar. There are two basic differences in the legislation. First of all, the congressional tax reduction package does more for small businessmen and women than the President's. Two out of every three jobs created in America today are created by small business owners. They need tax incentives for economic expansion, not tax obstacles. The President wants to expand the only refundable tax credit in the Tax Code, the earned income credit. These are the two basic differences in the legislation. Let us stop politicizing this issue and reduce the tax burden of the American people.”