About Me

My photo
Nazareth, Pa., United States

Friday, December 18, 2015

Rare Bi-Partisan Tax Relief For Business AND Middle Class

Representative Charlie Dent (PA-15) is reporting that he supported a tax relief package yesterday to extend or make permanent a number of key tax provisions designed to help individuals, families and businesses. The bipartisan measure passed the House by a vote of 318 to 109. As reported in Reuters, it's the "closest thing to a grand bipartisan tax bargain in years." It makes permanent the research and development tax credit, suspends the medical device tax and provides aid to students, low-income parents and teachers.

Rep. Dent issued the following statement:

“Today we saw the House come together to provide more clarity and stability on key tax provisions that will help individuals, families, and employers. This bill makes permanent the enhanced Child tax credit, Earned Income tax credit, the current Research and Development tax credit, and the American Opportunity Tax Credit for defraying educational expenses. It also facilitates giving to charities and protects taxpayers from politically-motivated investigations by IRS officials."

"Importantly for the 15th Congressional District, the legislation suspends the job-crushing Medical Device Tax for two years. This will allow us to protect manufacturing jobs and encourage, rather than stifle, business investment in our communities. During the two-year suspension, I will continue working to permanently end this job-killing tax."

"This legislation is an important step for providing American families and businesses better predictability when it comes to federal tax policy. That predictability will lead to more jobs and a better climate in which American businesses can succeed.”

14 comments:

Anonymous said...

http://www.politico.com/story/2015/12/white-house-obamacare-cadillac-tax-216881

I am sure John Brown in NorCo is going to change back the health insurance for all employees now, right?

Anonymous said...

Nothing in that for seniors who will receive no social security raise in 2016

Anonymous said...

It balloons the debt. It steals from our kids and grandkids. Sucks to be them. It's an incredibly irresponsible bill. And Charlie is happy about it? You can't make this shit up.

Anonymous said...

Nobody in Congress has the guts to totally reform the system- this is peanuts- We're 18 trillion in debt!

Anonymous said...

Congress has abdicated whatever control it had to the Executive Branch. Any objections are made for entertainment purposes only. It's all SO much easier this way, I suppose.

We 'might' get a new philosophy in the Oval Office next year, but unless a massive amount of new faces are brought into both houses of Congress, our current ONE PARTY system of governance will continue happily on its way, leaving the difficult choices for someone else to deal with.

Incumbency has become the problem.

Fred Windish

Anonymous said...

How does continuing to fund the settlement of hundreds of thousands of illegal aliens help the US worker? Charlie is a master at Orwellian double-speak.

Anonymous said...

Here is the "relief" we get in Upper Mount Bethel thanks to Ron Angle!

http://www.wfmz.com/news/despite-promise-ludge-laid-on-upper-mount-bethel-farm-land/37020118

Anonymous said...

I had a call from elder abuse apprentence representational tool RePete¿!($ Did't understand he like the big Don Cunniligwist will be mumbling some sort of cussy appointment of his own creation too¿!($ This would be for his sufferings while playing in the circus hiding under manns skirt as the sneak that snuk the law supposibly that browne put to print as the creation of brown hole downtown¿!($
redd
patent pending

Anonymous said...

What Charlie is crowing about is akin to him and his wife running up millions in personal debt and leaving it to his kids and grandkids after he and the wife croak. I was taught to live within my means and not leave debt for anyone to clean up. It's unfathomable that he's proud to have done this.

Anonymous said...

OK, Charlie can be criticized as can be any other legislator and as many are doing here. Fair enough, but it's Charlie compared to whom? Given the current crop, we're really doing pretty well here having Congressman Dent in the 15th.

And that's not meant to damn him with faint praise. As a single voice in an awfully dysfunctional House, he's getting a lot of the right things done -- for America and the Lehigh Valley.

- Jeffrey Anthony

Anonymous said...

Psst . . . . compromise and surrender are two different concepts, pass it along.

Fred Windish

Anonymous said...

If Charlie wasn't in one of the worst Gerrymandered districts in the country (just look at it on a map), he'd have been long gone in the last election. That's why guys like Charlie don't give a shit about running up the debt and leaving a burden to our grandchildren. My grandpop would never dream of doing something so rotten.

Anonymous said...

This Budget bill was a complete betrayal of conservative values by the establishment GOP. Even Nancy Pelosie crowed, except for big oil " they got zero" !
Charlie Dent is a perennial back bencher who takes his marching orders on every issue from House leadership. He has no clue what's going on in the real world, nor does he care. I say, primary him in the next election cycle.

Bernie O'Hare said...

If you want to know who has no clue what is going on in the real world, I suggest you look in a mirror. Charlie Dent is no back bencher and is one of the few grown-ups left in D.C. He is a member of the powerful Appropriations Committee, is now a leader and recognizes government by consensus is infinitely preferable to shoving things down someone's throat.