[Congressional Record Volume 156, Number 52 (Wednesday, April 14, 2010)]
[House]
[Page H2508]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX DAY TAX BREAKS
(Mrs. DAHLKEMPER asked and was given permission to address the House
for 1 minute and to revise and extend her remarks.)
Ms. DAHLKEMPER. Mr. Speaker, Tax Day is tomorrow, and thanks to the
American Recovery and Reinvestment Act middle class families in western
Pennsylvania and throughout the country are seeing big tax returns this
year. The Recovery Act provided tax cuts for 99 percent of working
Pennsylvanians and resulted in a 10 percent increase in the average tax
refund this year. That's a big help to families in my district who are
working hard to pay their bills.
The Recovery Act extended the earned income tax credit, the child tax
credit, and college tax credits for families and students. First-time
homebuyers benefit from a tax credit of up to $8,000, and businesses
can write off new equipment purchases and increase bonus depreciation.
Americans are saving an estimated $222 billion in taxes this year
thanks to the Recovery Act.
I am proud that through the work we have been doing here in Congress
we have lowered the tax burden for my hardworking constituents.
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