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Chairman Levin Introduces Middle Class Tax Relief Package

December 1, 2010

By Matthew Beck 202-225-8933

 WASHINGTON, D.C.Ways and Means Committee Chairman Sander M. Levin (D-MI) today introduced H.R. 6467, the Middle Class Tax Relief Act of 2010.  Provisions in H.R. 6467 would extend critical, expiring tax relief targeted to middle-class families.  The House of Representatives is expected to vote on the provisions as early as tomorrow.

“These tax cuts offer critical relief to middle-class families looking to rebuild their economic security as our nation continues to recover from the recession,” said Ways and Means Committee Chairman Sander M. Levin (D-MI).  “Provisions in this bill represent a view that Democrats and Republicans share – we must give these middle-class families certainty by extending this expiring relief.   We must not let Congressional Republicans hold these families hostage while they insist on extending expensive tax cuts for the wealthiest few. 

“So let us stand up and vote now to extend middle class tax cuts, extend AMT relief, extend the child tax credit and marriage penalty relief, extend the EITC, and extend critical education incentives to help more families afford higher education for their children.”


Please
click here for a comprehensive summary of the legislation.

Please click here for the legislative text of H.R. 6467.

Please click here for estimated revenue effects provided by the non-partisan Joint Committee on Taxation.

 

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