CONGRESSWOMAN EDDIE BERNICE JOHNSON SUPPORTS THE PAYROLL TAX CUT

Washington, DC – (Wednesday, November 30) – President Obama spoke this afternoon  at Scranton High School in Scranton, Pennsylvania  to inform the American people on the dire need to extend the payroll tax cut, a section in the American Jobs Act. Congresswoman Eddie Bernice Johnson offered the following statement:

“The President’s payroll tax cut is an important piece of legislation that will benefit 160 million Americans by giving families an extra $1,500 a year. This is a necessary act that will give relief to working families, businesses, and ignite economic growth.

The tax cuts will be paid by implementing a small 3.25 percent surtax on income over $1 million a year. I stand by President Obama and believe that it’s time for the wealthiest Americans to pay their fair share.

If we don’t act now, Americans will feel the weight of owing $1,000 or more in tax increases, at a time when the nation is experiencing 9 percent unemployment and continued financial insecurity.”

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U.S. Representative Eddie Bernice Johnson is the highest-ranking Texan on the House Committee on Transportation & Infrastructure and a senior member of the Science Committee. She represents the 30th Congressional District of Texas, which, includes Downtown Dallas, Fair Park, Oak Lawn, Turtle Creek,Old East Dallas, Pleasant Grove, & South Oak Cliff; all of Balch Springs, DeSoto, Hutchins, Lancaster & Wilmer and parts of Cedar Hill, Duncanville, Ferris, Glenn Heights and Ovilla.