AMENDMENTS -- (House of Representatives - June 17, 2004)
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Mrs. BLACKBURN. Mr. Speaker, I want to thank the chairman for his work on this issue.
As we pass the American Jobs Creation Act today, this is a great day, a great day for the people of Tennessee and Florida and Texas and Washington and Wyoming. There are 55 million people in the U.S. that live in States that do not have a State income tax, that have a State sales tax, and restoring the deductibility of that State sales tax to our Federal income tax filing is important.
It is important in my State. I started working on this issue when I was in the State Senate. This means $1 billion a year to Tennessee's economy, and let me tell my colleagues, Mr. Speaker, that means jobs because Tennessee is a small business State. This will assist us in creating jobs, good, solid, home-grown jobs, that are going to stay right there with us.
I want to thank the gentleman from Texas (Mr. Brady) and the gentleman from Texas (Mr. DeLay) for their work on this important piece of legislation and especially thank our chairman.