Political Quotes

On the recordApril 14, 2015
millions of Americans are racing against the clock to meet tomorrow's midnight deadline to file their taxes. In the closing hours of the 113th Congress, we came together to approve legislation to extend for 1 year, just 1 year, several tax credits that are essential to small businesses and middleclass families. A 1 year extension of these tax credits was surely welcomed by many, but such a short extension leaves in place the uncertainty needed by so many families and small businesses as they look ahead to the coming year to plan large purchases, expansions, new home purchases, or even a family vacation. I hope that Congress will tackle meaningful tax reform legislation this year, so that we can protect hardworking families, hold corporations accountable, incentivize environmental protections, and encourage charitable giving. So today, ahead of Tax Day, I am introducing three commonsense proposals, S. 930, S. 931, and S. 932, that will provide reasonable tax credits for such things as surplus food donations, art donations, and preservation of our historic buildings in communities and villages across the country. The bipartisan Good Samaritan Hunger Relief Tax Incentive Extension Act expands upon a proven and effective tax incentive to encourage businesses and farms to donate surplus food to their local food banks. A 2011 study by the U.S.…
Said by
Patrick Leahy
Democratic · Vermont
Source
govinfo.gov
Apr 14, 2015

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