On Tax Day, Congressman Kuhl Vows to Stop the Democrat Tax Hike
Press Release
On Tax Day, Congressman Kuhl Vows to Stop the Democrat Tax Hike
U.S. Representative Randy Kuhl (R-Hammondsport) marked Tax Day 2008 with great apprehension. As the Democratic majority continues to push for the largest tax increase in history, Congressman Kuhl cosponsored H.R. 2734, the Tax Increase Prevention Act, a measure that would stop the Democrat tax hike.
"Today, millions of American taxpayers will line up at their local post offices for the annual ritual of filing federal income tax returns. Death and taxes may be certain in life, but the largest tax increase in American history should not be tolerated," said Rep. Kuhl. "The Democratic budget resolution will cost the average taxpayer in the 29th Congressional District an additional $1,474 in taxes and lead to a $250 million loss to our local economy. Today, I vow to fight against this massive tax hike."
The fiscally irresponsible Democratic budget plan totals $683 billion and would increase the tax bill for a middle-class family of four by more than $2,100. But this is not the only disastrous feature of their budget.
The average New York taxpayer will be paying $3,658 annually
Approximately 48 million married couples will face an average tax increase of $3,000 per year.
Low-income families with one or two children will no longer be eligible for the refundable child tax credit in 2011.
Roughly 12 million single women with children will see their taxes increase by $1,100 per year.
About 18 million seniors will be subjected to tax increases of more than $2,100 per year.
The Tax Increase Prevention Act is not the only legislation Congressman Kuhl has cosponsored to ease the tax burden on the middle class and help his constituents keep more of their hard-earned money. In the 110th Congress, he has also cosponsored:
HR 411 - To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses
HR 2380 - Death Tax Repeal Permanency Act of 2007
HR 1366 - Individual AMT Repeal Act of 2007
HR 1043 - Community Restoration and Revitalization Act of 2007
HR 1797 - Small Business Expensing Expansion and Permanency Act of 2007
HR 2138 - Investment in America Act of 2007
HR 3726 - Property Tax Relief Act of 2007
HR 5670 - To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases
"Now, as working families confront a skyrocketing cost of living, a faltering economy, and a housing crunch, it's critical that families keep more of their paychecks to make ends meet. Instead of utilizing the tax and spend policies of the past, we should be balancing the federal budget without raising taxes on the American people."
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