On the recordJanuary 29, 2007
I would like to relate two stories that I came across concerning these tax cuts. Jim Tracy from Shelbyville, Tennessee, who is the owner of a small insurance agency, he said because of the tax cuts, he was able to use the $7,200 that he would have otherwise spent on taxes, and he bought seven new computers for his business and he hired a fourth employee. That is just one of many. There is another story here. Kenneth Leupp of Archbold Refuse Service in Archbold, Ohio, he says, "The tax cuts, changes in depreciation schedules and increases in dollar amount we can expense off are very welcome changes. We have made purchases we wouldn't have made under the old laws. We've saved money on taxes, increased efficiency, lowered maintenance costs, and helped stimulate the economy." Those are just two of thousands and thousands of experiences out there because of these tax cuts. Our purpose here tonight, although I may be repeating myself, I know that people watching C-SPAN tune in and out, but I just want to remind them that in 1,443 days, it is the countdown to the Democratic tax increase.
Source
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