Ribble Vote Provides Tax Certainty to Families and Small Businesses

Press Release

U.S. Representative Reid Ribble (WI-08) today released the following statement after voting with a majority of the House of Representatives to pass H.R. 2029, the PATH Act or tax extenders bill, in a vote of 318 to 109.

"This legislation delivers certainty to families and businesses who now won't have to wonder if Congress will take action to extend important tax relief every year. A number of critical tax laws that had been temporary for decades are finally made permanent in this legislation. The certainty that this will provide to families, businesses, and our economy is tremendous. Additionally, it prevents significant tax increases that might otherwise have taken effect very soon, and it clears out fraud and abuse in both tax programs and the ranks of the IRS. The bill specifically makes permanent a measure that gives farmers and small businesses in Northeast Wisconsin the ability to re-invest in their infrastructure without penalty and put more money back into the economy. The PATH Act includes significant conservative wins, and I am proud to continue our push to work together to be a functional, responsible, and responsive Congress."

You can read more about the PATH Act, or tax extenders bill, here and there is a longer explanation here.

Source