CONGRESS NEEDS TO MAKE TAX RELIEF PERMANENT
Mr. WALBERG. Mr. Speaker, over the past few weeks Americans across our country have taken time out of their busy schedules to complete their 1040s, 1099s and W-2s by the April 17 deadline.
They did so in many different ways. Some planned ahead and mailed in their forms well before the deadline, while others are scrambling to finish work on their taxes until late tonight.
Today, taxpayers in south central Michigan are still working to meet their tax obligation for 2007. While tax day may be today, the average Michigander will have to work until April 29 of this year just to pay his or her individual tax bill.
The $400 billion tax increase recently passed by Congress represents the largest tax increase in American history and could lead to a crippling economic recession.
Americans know best how to spend their hard-earned money, and rather than increase the tax burden, Congress needs to make tax relief permanent for hardworking American families.
By putting our fiscal house in order, this Congress can go a long way in restoring the trust of the American people and build a better, brighter future for our country.