Dave Camp: “I also have a petition, a coalition letter sent to us by over 1,300 businesses, trades, and local Chambers of Commerce…”

“I also have a petition, a coalition letter sent to us by over 1,300 businesses, trades, and local Chambers of Commerce urging that we extend the current tax policy for all Americans and prevent a tax increase from going into effect. Let me just say I think much of what has happened today is a charade, and I am glad it's coming to a close. I urge my colleagues to vote against this bill. We, the undersigned companies, chambers, and trade associations strongly urge Congress to end the tax uncertainty plaguing the business community by extending the expiring 2001 and 2003 marginal tax rates, as well as dividend and capital gains tax rates, and the business tax provisions that expired at the end of 2009. A permanent extension of all current tax rates would, in one bold stroke, boost investor, business, and consumer confidence by taking the uncertainty of tax policy off the table. It would leave hard-earned income in the hands of the individuals and businesses that earned it and allow them to spur investment, boost consumption, promote economic growth, and create jobs.”