[Congressional Record Volume 153, Number 22 (Tuesday, February 6, 2007)]
[Extensions of Remarks]
[Page E272]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 INTRODUCTION OF THE MARRIAGE TAX PENALTY PERMANENT ELIMINATION ACT OF 
                                  2007

                                 ______
                                 

                           HON. JERRY WELLER

                              of illinois

                    in the house of representatives

                       Tuesday, February 6, 2007

  Mr. WELLER of Illinois. Madam Speaker, thank you for the opportunity 
to introduce the Marriage Tax Penalty Permanent Elimination Act of 
2007. This important bill makes marriage tax relief permanent for the 
48 million American married couples that benefit from the marriage tax 
relief enacted by Congress and signed into law in 2003.
  Madam Speaker, if we do not act, in 2010 48 million hardworking 
married couples will face an annual tax increase which averages $2,726. 
I am sure I speak for the married couples in my district and Illinois 
when I say that $2,726 each year is a lot of money. In fact, if a 
couple were to put this money away each year to pay for the costs of a 
child's college education, without even earning interest they would 
have nearly $50,000.
  My legislation will ensure that marriage tax relief becomes permanent 
and 48 million American couples are not subject to a $2,726 annual tax 
increase starting in 2010. I encourage my colleagues to join me in 
continuing the fight to guarantee that the values we hold most dear, 
marriage, family and hard work are treated fairly under our tax code.

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