[Congressional Record Volume 156, Number 53 (Thursday, April 15, 2010)]
[House]
[Page H2583]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX DAY
(Mr. PITTS asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PITTS. Mr. Speaker, tax day. Today is a grim day for many
Americans. It was only last week that the average American taxpayer had
worked enough days to pay their annual bill, and the current Congress
is looking to add even more days to that burden.
In the present Congress alone, taxes have been increased by $670
billion, and at least 14 new taxes will hit middle-income Americans. At
the end of the year, the death tax will snap back up to its 2001 level,
gobbling up family farms and small businesses. Marginal tax rates will
snap back up to previous levels reducing America's take-home pay. And
now we hear that the administration may consider a new value added tax
to pay for the entitlements and increased government spending.
The simple fact is that more money in the pocket of the government is
less in the bank accounts of our family businesses.
Today is a grim tax day. But I worry that 2011 will look much worse
for the American taxpayer.
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