Political Quotes

On the recordJanuary 28, 2008
I rise today to thank the bipartisan leadership and the White House for including a bonus depreciation provision in the proposed economic stimulus package. Currently, the package we plan to vote on tomorrow will include a 50 percent bonus depreciation for the first year for certain machinery and equipment purchases. This increase in bonus depreciation was included in the Jobs Tax Relief Act of 2003 and contributed to the productivity of small businesses, a boost in job creation, and a steady rise in the growth of the economy over the last 5 years. This incentive for small businesses enables them to compete with foreign competitors. The best way to weather this current economic storm is to build on the principles that have made our economy the envy of the world. That means lower taxes, less government regulation, and economic incentives for American businesses. We should promote the concept that the people should keep their own money which they know how to spend best as explained by editor Jerry Bellune of the Lexington County Chronicle. In conclusion, God bless our troops, and we will never forget September the 11th.
Said by
Joe Wilson
Republican · South Carolina

Editor's note · Context

Discussing the economic stimulus package and its impact on small businesses.

Share

More from Joe Wilson

Jun 4, 2026

We need to stop what Putin is doing, which is trying to resurrect the Soviet Union.

foxnews.com
Jun 27, 2025

House Republicans have passed legislation that delivers on the promises made, promises kept of President Donald Trump by stopping wasteful spending with the big, beautiful bill, eliminating taxes on tips and overtime. This bill secures the…

govinfo.gov
Jul 22, 2025

6 months have passed since Donald Trump received the mandate of the people to fulfill his promises with extraordinary accomplishments. Among the accomplishments by President Donald Trump are the following: Illegal alien border crossings…

govinfo.gov
Dec 1, 2025

as we return from Thanksgiving with families and friends, I am grateful that, under the leadership of President Donald Trump, America is beating inflation, leading to lower costs, higher pay, and job creation. The cost of Thanksgiving…

govinfo.gov

Other voices in this conversation