On the recordJune 22, 2010
Again, this seemingly small provision in the tax extenders bill would have a $9 billion impact, and that is just on a subset of S corporations, these small businesses. This payroll tax provision ought to be stripped and sent back to the tax-writing committees where it can be addressed in the proper fashion. I strongly urge my colleagues to support the Snowe-Enzi amendment in our efforts to remove this misguided, outrageous new tax. I think there is support on both sides of the aisle for doing that.





