Scott urges support for tax cut

South Fulton
Share this Post

Scott urges support for tax cut

South Fulton
Share this Post

Scott, speaking

on the floor of the House of Representatives, criticized the Republican

plan for not providing immediate stimulus to the economy while increasing

budget deficits over the next 10 years. Scott supported the Democratic

plan as a more stimulative, fiscally responsible alternative.

"I'm here

to tell you that the American people want a tax cut plan that will create

jobs immediately, stimulate the economy now, and is paid for now without

adding to the debt for our younger generation to pay for. The Democratic

plan that I support does that," said Scott.

The Democratic

plan would supply immediate targeted tax cuts, expand the 10 percent income

tax bracket, increase the child tax credit, eliminate the marriage penalty,

expand unemployment benefits and gives $44 billion dollars in direct aid

to our states' struggling economies. The plan provides for $29 billion

in tax cuts for small businesses and manufacturers and $2,500 in tax credits

for employers to hire the unemployed. Yet in a partisan parliamentary

move, Republicans blocked action for the Democratic substitute to be brought

to the House floor for debate and a vote.

"These

direct tax cuts were targeted to do immediately what the American people

want ­ create millions of jobs, put our people to work, invest in

the stock market and increase consumer spending ­ all while paying

for it now without adding to the deficit. This is what the people want,"

said Scott.

Stay Up-to-Date on What’s Fun and Important in Fayette

Newsletter

Latest Comments

VIEW ALL

South Fulton

By The Citizen September 24, 2007

Another winning effort

South Fulton

By Citizen Archive October 14, 2005

South Fulton

By Citizen Archive October 14, 2005

South Fulton

By Citizen Archive October 14, 2005

South Fulton

By Citizen Archive October 14, 2005

South Fulton

By Citizen Archive October 7, 2005

Newsletter
Scroll to Top