[Congressional Record (Bound Edition), Volume 158 (2012), Part 9]
[House]
[Page 11772]
[From the U.S. Government Publishing Office, www.gpo.gov]




                                 TAXES

  (Mrs. BIGGERT asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Mrs. BIGGERT. Mr. Speaker, massive tax increases loom on our horizon. 
If Congress doesn't act before January 1, middle class families will 
see a return of the marriage penalty, the AMT, higher rates on capital 
gains, dividends, estates, and painful tax hikes on incomes. According 
to a new study, the President's tax plan would cost us more than 
700,000 American jobs.
  Mr. Speaker, we all hear from our neighborhood businesses back home 
who say Congress can't raise taxes during a recession and expect the 
economy to generate new jobs. Yet some of my colleagues seem content to 
tax anyone who might have enough revenue to hire and then hope the 
voters blame someone else when it hurts the middle class.
  Well, I don't care about the blame game. I care about jobs and the 
economy. Let's stop the tax hikes, extend current rates, and work 
immediately on effective reforms to lower rates, close loopholes, and 
promote growth.

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