[Congressional Record Volume 150, Number 106 (Thursday, September 9, 2004)]
[Senate]
[Page S8985]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SALES TAX
Mr. FRIST. Mr. President, this morning with my opening statement, I
noted that most of the next 22 days on the floor of the Senate will
focus on the safety and security of the American people. In addition,
at the conference level, there are a number of other issues being
discussed--like the FSC/ETI JOBS bills and the transportation bill for
example. I want to speak to the FSC/ETI JOBS bill very briefly.
There is a provision in that bill that is very important to families
and workers all across Tennessee. It has to do with the deductibility
of sales tax. Senator Hutchison, Congressman Brady and Congresswoman
Blackburn have all worked tirelessly on this issue. The majority leader
in the House, Congressman DeLay, has as well. I thank them all for
their continued leadership. And I appreciate all they have done to see
that State sales tax deductibility was included in the House version of
the JOBS bill.
I have heard from countless Tennesseans about their adamant desire to
be able to deduct sales tax from their Federal income tax. Again and
again it comes back to a matter of equity and fairness. Mr. Henry
Branch from Goodlettsville, TN wrote to me, Senator Alexander and
Congressman Jim Cooper with his one request.
His words:
I hold that sales tax deductibility should be very
seriously considered since continuation of the current status
penalizes citizens of all states not having a broad-based
income tax. I simply ask that all of you work together to
remove the inequity.
A matter of equity.
Mr. James Griggs from Nashville writes:
I cannot conceive of a single reason why states that use a
different type of tax system should be punished for it. It
seems to me to be a clever ploy to force states into using
income taxes instead, a position I strongly stand against. In
my opinion, citizens should be able to deduct any kind of tax
they pay.
A matter of fairness.
Mr. Robert McCulloch from Knoxville writes:
Having just completed my Federal income tax return for
2003, I am once again reminded how unfairly treated are the
good citizens of Tennessee.
As all of these fine Tennesseans point out, enactment of this
provision will restore a measure of fairness to the Tax Code that
existed up until 1986, but was lost at that point in time. The current
Federal Tax Code unfairly encourages States to impose an income tax
because part of that cost is borne by the national Treasury. This is
wrong. The Federal Government should be neutral on how States decide to
raise revenue. States should be able to decide for themselves without
the intrusion of Federal tax policy. We must restore equity and
fairness to the system.
It also is consistent with the principles of fairness to all
taxpayers. Deductibility for State sales taxes was eliminated in 1986,
but deductibility for State income taxes was retained. It is long past
time to fix this fundamentally unfair and counterproductive result.
If someone at any time wants to debate whether the Federal Tax Code
should allow a deduction for any State and local taxes, whether it is a
sales tax or an income tax, be that as it may, that debate could take
place. But there is no principled reason why sales taxes should be
denied a deduction that is applicable to income taxes.
Equally important, including the deductibility of sales tax will also
provide a direct boost to consumers and to our economy. For example, in
Tennessee alone, almost one-quarter of all taxpayers would receive an
average benefit of $470 each. Citizens in States such as Texas, South
Dakota and Tennessee could use that money to buy school supplies, to
invest in their businesses, to make a downpayment for a car, to pay off
some of those credit card bills.
This provision takes relatively little from the Federal Treasury but
monumentally changes the lives and livelihoods of the 54 million
Americans living in States that have chosen not to impose an income
tax.
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