Tipton Votes to Provide Permanent Tax Relief for Families and Businesses

Statement

Congressman Scott Tipton (R-CO) issued the following statement after voting in the House to pass H.R. 2029, the Protecting Americans from Tax Hikes Act (Tax Extenders), which makes permanent tax relief provisions amounting to $550 billion in relief for American families and businesses over the next ten years.

"Living under a looming threat that taxes might spike if Congress fails to pass short-term extensions at the end of each year has created uncertainty for families and businesses across the nation. Ending the dysfunction of annual short-term extensions of tax code provisions on which families and businesses rely will restore certainty, create greater economic opportunity, and encourage sustainable growth. Washington doesn't have a revenue problem, it has a spending problem. This legislation acknowledges that reality by including conservative policies that implement reforms to reduce fraud and abuse, and provide families and businesses with permanent tax relief amounting to over $550 billion in savings over the next decade," said Tipton. "The ultimate goal remains broad tax reform to create a simpler, flatter and fairer tax code. To get there, we need to remove the politically-charged environment that is pervasive in these annual short-term patches and often results in undesirable policies being forced through because of an artificially imposed deadline, further convoluting the tax code. By making many of these annually-enacted tax relief provisions permanent for families and businesses, this bill sets the stage for broader tax reform."

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