Issue Position: Tax Relief

Issue Position

Congressman McHenry believes in lowering the tax burden on American workers, families and small businesses. As a Member of Congress, and previously as a State Representative in North Carolina, he has never voted for a tax increase. That's why Patrick McHenry is recognized as a "Hero of the Taxpayer" by Americans for Tax Reform.

The Congressman strongly supports the small business and middle class tax cuts of 2001 and 2003. But that tax relief is set to expire in 2010, and Congressman McHenry believes those reductions need to be made permanent. Unless Congress acts, Americans will be hit with across-the-board increases in federal income taxes, higher taxes on retirement and pension accounts, a 50% reduction in the child tax credit, and return of the marriage tax penalty.

The complex U.S. tax code, which penalizes working families and samll businesses, must be simplifed and reformed. All options, except tax increases, should be on the table. In the meantime, Congressman supports permanently eliminating the death tax, reforming the alternative minimum tax, allowing tax-free savings for working Amnericans, and enabling small businesses to fully deduct their expenses.

Congressman McHenry opposed President Obama's first budget, which increased taxes by $1.4 billion on all Americans. The unprecedented spending increases and deficits in the President's budget will require massive tax increases in the years to come.

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