Political Quotes

Roy Blunt: I would suggest if that was the criteria, that on the expired research and development credits or the expired…

On the recordMay 1, 2008
I would suggest if that was the criteria, that on the expired research and development credits or the expired deductibility of sales tax from income tax in those States that had that deductibility for a few years ending on December 31, or even on the alternative minimum tax protection for people who don't pay that tax now, it seems to me they would meet that same criteria of having negative economic impact as we let those research and development credits expire or as we no longer allow people in Florida and Texas and other States to deduct their sales tax before they pay their income tax or if we let the AMT patch extend to a number of people.
Said by
Roy Blunt
Republican · Missouri

Editor's note · Context

Discussing the economic impact of expired tax credits and deductions.

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