House Votes to Prevent Tax Hikes
House-Senate Agreement Blocks Increases in AMT, Capital Gains Taxes
U.S. Rep. Mark Souder voted today for House passage of the conference report to H.R. 4297, the Tax Increase Prevention and Reconciliation Act. The House-Senate agreement passed the House by a majority of 244-185.
"For economic growth in northeast and north-central Indiana, it's extremely important that we don't let our tax relief measures expire," Souder said. "Failure to renew these rates would result in automatic tax hikes on working Hoosiers and seniors. It would also impede investment and job creation in our area at a time when we have to be even more vigilant in competing with China. Democrats in Congress, however, have been trying to stop these tax rate renewals, and they are putting themselves on record in favor of tax increases. Our economy simply can't afford tax increases."
http://souder.house.gov/News/DocumentSingle.aspx?DocumentID=43518