Kenny Hulshof: “There was some discussion already that certain Senators were talking earlier in the year about suspending this year's…”

“There was some discussion already that certain Senators were talking earlier in the year about suspending this year's tax relief and capturing those monies for additional spending. There was some discussion about whether suspending those tax cuts would in fact be a tax increase or not. Putting that aside, clearly on January 1, 2011, if Congress fails to act, we will see a significant income tax hike of billions of dollars on America's families, just as some of those that the gentleman mentioned in his congressional district. I absolutely agree with that, but I think the entire tax relief measure that we enacted in this Congress last year, all of those provisions, should be made permanent. Here is why: There are so many sole proprietors, small businesses in America, in fact, the majority of small businesses in America that actually pay the individual income tax rate.”