Tax Extenders

Floor Speech

Mr. Speaker, for the last month, I have traveled up and down the 25th District of Texas talking with my constituents about their biggest concerns.

They are fed up with Washington's out-of-touch economic policies that are hurting their families and their businesses. Business owners and individuals need certainty when it comes to their money and their taxes. That is why we need to quickly pass a tax extenders bill so business owners can stop playing defense and focus on what they do best, creating jobs.

Since Texas doesn't have a State income tax, Texans need to know if they can continue deducting their sales tax from their Federal income taxes. Business owners need to know if they can continue taking risks and innovating with the R&D credit. Companies need to know that they are not the target of tax bias by extending the bonus depreciation credit permanently.

Ensuring these incentives is just the first step for true comprehensive tax reform, but these are good, sound policies that my constituents want and that our economy needs. Let's give America the certainty they deserve and pass the tax extenders.

And remember the 9/11 victims. In God we trust.

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