Boehner will support tax relief extension for those earning less than $250,000
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Ohio Congressman John Boehner, the top Republican in the U.S. House of Representatives, said on Sunday, Sept. 12 he would support an extension of tax cuts for middle-class Americans even if tax cuts for higher income earners are permitted to expire.
Boehner has maintained that President Barack Obama's plan to renew lower tax rates for families making less than $250,000 but let the lower rates for wealthier Americans expire was "bad policy."
Republicans want to extend all of the cuts passed under former President George W. Bush. However, on Sunday, Boehner said on CBS' "Face the Nation," "If the only option I have is to vote for some of those tax reductions, I'll vote for it. If the only option I have is to vote for those at 250,000 and below, of course I'm going to do that," he said. "But I'm going to do everything I can to fight to make sure that we extend the current tax rates for all Americans. "I've been making the point now for months that we need to extend all the current rates for all Americans if we want to get our economy going again, and we want to get jobs in America," Boehner said.
Ohio Second District Rep. Mike Turner also argued in favor of extending the so-called Bush tax cuts in his weekly newspaper column this week (click on OPINIONS). "Early in my first term in Congress, I voted in favor of the Jobs and Growth Tax Relief Reconciliation Act of 2003," Turner said. "I supported this legislation during a previous economic downturn, because the best way to stimulate our economy, create jobs, and ultimately grow government revenues is to allow hard-working Americans to take home more of their own money to spend or save as they choose. I believed then, as I do now, that this was an important step in putting Americans back to work and helping to restore growth to our economy." Unless Congress and the president take action, on Jan. 1, 2011 "millions of working families, small businesses and farmers can expect to see a substantial tax increase in 2011. Effective Jan. 1, tax rates are set to rise for Americans in every tax bracket," Turner said.[[In-content Ad]]
Boehner has maintained that President Barack Obama's plan to renew lower tax rates for families making less than $250,000 but let the lower rates for wealthier Americans expire was "bad policy."
Republicans want to extend all of the cuts passed under former President George W. Bush. However, on Sunday, Boehner said on CBS' "Face the Nation," "If the only option I have is to vote for some of those tax reductions, I'll vote for it. If the only option I have is to vote for those at 250,000 and below, of course I'm going to do that," he said. "But I'm going to do everything I can to fight to make sure that we extend the current tax rates for all Americans. "I've been making the point now for months that we need to extend all the current rates for all Americans if we want to get our economy going again, and we want to get jobs in America," Boehner said.
Ohio Second District Rep. Mike Turner also argued in favor of extending the so-called Bush tax cuts in his weekly newspaper column this week (click on OPINIONS). "Early in my first term in Congress, I voted in favor of the Jobs and Growth Tax Relief Reconciliation Act of 2003," Turner said. "I supported this legislation during a previous economic downturn, because the best way to stimulate our economy, create jobs, and ultimately grow government revenues is to allow hard-working Americans to take home more of their own money to spend or save as they choose. I believed then, as I do now, that this was an important step in putting Americans back to work and helping to restore growth to our economy." Unless Congress and the president take action, on Jan. 1, 2011 "millions of working families, small businesses and farmers can expect to see a substantial tax increase in 2011. Effective Jan. 1, tax rates are set to rise for Americans in every tax bracket," Turner said.[[In-content Ad]]