Political Quotes

Rich Neal: In December and again in May, this House passed legislation to extend a popular set of expiring tax provisions providing…

On the recordJuly 28, 2010
In December and again in May, this House passed legislation to extend a popular set of expiring tax provisions providing billions of dollars in relief to millions of American families. This tax bill passed the House and has been stymied in the other body where only two Republican Senators have stood up against their party's filibuster for these tax cuts. The State sales tax deduction has provided parity for families living in States without an income tax. Let me tell you who's suffering: 600,000 families in Tennessee cannot deduct $1.3 billion of State sales taxes; 2 million families in Florida cannot deduct $3 billion of State taxes; 2.2 million families in Texas cannot deduct $4 billion in State sales taxes. Nationwide, more than 12 million families cannot deduct $19.5 billion in State sales taxes. This deduction will spur purchases for cars, boats, and school supplies. But time is slipping away. We need to tell the other side to move these Senators on the tax extenders bill because it means jobs.
Said by
Rich Neal
Democratic · Massachusetts
Source
govinfo.gov
Jul 28, 2010

Editor's note · Context

The speaker addresses the need to extend tax provisions that benefit American families.

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