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Public Statements

Permanent Extension of 10 - Percent Individual Income Tax Rate Bracket

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Date:
Location: Washington, DC


PERMANENT EXTENSION OF 10-PERCENT INDIVIDUAL INCOME TAX RATE BRACKET

Mr. RYAN of Wisconsin. Mr. Speaker, pursuant to House Resolution 637, I call up the bill (H.R. 4275) to amend the Internal Revenue Code of 1986 to permanently extend the 10-percent individual income tax rate bracket, and ask for its immediate consideration.

The Clerk read the title of the bill.

BREAK IN TRANSCRIPT

Mrs. BLACKBURN. Mr. Speaker, I thank my colleague for yielding me this time, who is truly a leader in this House on the issue of tax relief for hard-working Americans.

We are talking taxes today and this week. And because the Republicans are the majority here, we are talking tax relief, not tax increases; and the taxpayers need to be thinking about that. If the Democrats were running the show, we would be talking tax and spend and higher taxes. Republicans believe that the taxpayers ought to be keeping more of those hard-earned dollars. And we face a lot of opposition to that here in Washington. Too many times we have got liberals who would rather spend their money for them, and then they want to take the credit for it. It was President Bush and the Republican Congress who enacted historic tax relief that is fueling tremendous job growth in this country. We have created over 1 million jobs since last August; and there were a lot of naysayers that said it will never happen, it will never happen. One million jobs since August.

H.R. 4275 is a critical piece of legislation for 24 million lower-income Americans. If we do not pass this, their taxes are going to increase by 50 percent. We do not believe government is why America is strong. We think it is because of the people. It is Americans that make this country great, Americans that are making economic choices for themselves and their families, not having a government program taking away their checkbook. That is the Republican philosophy. We have led on this issue, and we are continuing to work to lower personal income tax brackets.

Time and again the American people are choosing to send Republicans to Washington because they want tax relief. I have said it in the past. Democrats only talk about tax relief in election years. Republicans talk about tax relief every year.

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