Political Quotes

On the recordJuly 17, 2014
House Resolution 670 provides for the consideration of a package of tax deductions for charitable contributions to organizations in the form of excess food inventory and conservation easements, as well as authorizing tax-free distributions from individual retirement accounts, lowering the excise tax on private foundations, and extending the date by which taxpayers can make charitable contributions to be considered for a tax deduction. This is a package of policies, each of which has been supported by the overwhelming majorities of both parties. The rule before us today provides for a closed rule for H.R. 4719, which is the standard rule for tax bills. Of course, the minority will have its customary motion to recommit. This is a straightforward rule. H.R. 4719, the America Gives More Act of 2014, will benefit the countless numbers of Americans who rely on and utilize charitable organizations in communities throughout the country. A great incentive for many Americans to contribute to those organizations or to contribute in a greater capacity than they otherwise might are the tax deductions that have been made available by the Federal Government. Congress, long ago, decided it was sound public policy to incentivize charitable giving, encouraging citizens to open their pocketbooks and lend a hand to those less fortunate--and Americans are a generous people.…
Said by
Michael Burgess
Republican · Texas

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