Providing for Consideration of H.R. Restoring Tax Fairness for States and Localities Act

Floor Speech

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Mr. GREEN of Tennessee. Mr. Speaker, I want to just say today that I live in the State of Tennessee, and in Tennessee, we are a fiscally responsible State. We have the lowest per capita debt in the Nation. We have no income tax at all. We have no investment income tax.

When a State has superhigh taxes and you allow individuals to write that tax off, it is unfair to those well-managed States like Tennessee that don't tax our people as much.

So, when you raise caps or you raise deductions, those States that are poorly managed, those States that are high-tax States to their individuals are subsidized by the people in Tennessee. We wind up paying more tax so that those States that are poorly managed can pay less.

To say, oh, we have got to do this for the low-income individuals out there, well, how about those States just manage themselves better, tax their people less, and then there wouldn't be an issue? Why should the people of Tennessee have to subsidize States that can't manage themselves?

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