Tax Relief

Tax reform is long overdue to ease the burden on individuals, working families and businesses. I support sensible changes that would make our tax system fairer and simpler, and strengthen the economy.

In the first 100 hours of the 110^th Congress, “pay-as-you-go” spending was restored to end deficit spending and reduce the national deficit. We passed a budget for Fiscal Year 2008 which will eliminate the deficit in five years, and runs a surplus of $41 billion in 2012. By exercising fiscal responsibility, Congress will be able to reduce the tax burden on its citizens and invest in economic growth.

I am proud to support measures that will provide immediate tax relief to small business and working families. I supported a $1.3 billion tax credit package aimed at strengthening America’s small businesses (H.R. 976, the Small Business Tax Relief Act). This priority is a cornerstone of the Fiscal Year 2008 budget, which extends the child tax credit; extends the 10 percent individual income bracket; provides marriage penalty relief; and creates a tax-cut for an estimated 23 million Americans by establishing a long-term fix for the Alternative Minimum Tax.

Related Documents:

Press Release - Rep. Courtney Announces $427,500 DOD Grant to Create Economic Opportunities for SE CT 9.26.2008

Press Release - Rep. Courtney Backs Compromise Overhaul of National Energy Strategy 9.16.2008

Press Release - House Republicans Reject Temporary Increase of Nation’s Oil Supply that would Provide Relief to Families at the Pumps 7.24.2008

Press Release - Rep. Courtney, House Send Comprehensive Housing Recovery Bill to Senate 7.23.2008

Press Release - Rep. Courtney: Nearly 100,000 Second District Residents Find AMT Protection in House Passed Bill 6.25.2008


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Related Files:

Economic Stimulus Info

IRS Rebate Chart

Rep. Courtney and the CT delegation seek increased funding for LIHEAP (WTIC)

Rep. Courtney and CT delegation seek increased LIHEAP funding.

TLC Act of 2008

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