House Passes Major Legislation to Prevent Tax Increases

Press Release

U.S. Representative Mike Kelly (R-PA) -- a member of the House Ways and Means Committee -- issued the following statement today in praise of H.R. 2029, the Protecting Americans from Tax Hikes (PATH) Act, which was passed by the House of Representatives this afternoon by 318-109. The bipartisan legislation makes permanent more than 20 tax relief provisions, extends for five years or two years a number of other tax relief provisions which expired at the end of calendar year 2014, provides for a two-year moratorium on the medical device tax within the Affordable Care Act (Obamacare), and includes a number of additional tax policy changes. It includes provisions originally introduced as nine separate bills by Rep. Kelly.

"Today's legislation is a massive achievement for hardworking American taxpayers, small businesses, and our entire nation's economy. It protects millions of families and job creators from imminent tax increases and restores both certainty and clarity to our outdated tax code, while paving the way for comprehensive tax reform to make the code fairer and simpler. It also changes the law to better protect Americans from further abuse at the hands of the IRS.

"I'm especially glad this package contains numerous provisions that I personally fought to include for the sake of creating jobs, restoring economic growth, and protecting hard-earned taxpayer dollars."

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