Rep. Blum Votes For Pro-Jobs Tax Relief Package
Legislation Provides Certainty for Families, Small Business, Agriculture
Today, Congressman Rod Blum (R-IA) joined a bipartisan majority of his colleagues in the House of Representatives to pass H.R. 2029, the Protecting Americans from Tax Hikes (PATH) Act, a permanent tax extenders package. The bill passed 318 - 109.
“This legislation allows Iowans to keep more of their hard earned money while providing long term certainty for business that make the investments in new technology and infrastructure that are so important for job creation,” said Congressman Blum. “I was especially encouraged to see two of my legislative priorities -- making small business expensing (Section 179) and the Research and Development Tax Credit permanent -- included in this legislation instead of being temporarily extended at the last minute as is typically done in Washington. Iowa farmers and businesses need to know what the rules are ahead of time so they can plan for the future and make investments that create jobs for Iowans.
“The bill also provides Iowa families with the certainty they deserve by making the Child Tax Credit and the Earned Income Tax Credit permanent while also encouraging our citizens to contribute to charity by making contributions tax free. Overall, this package is an important step on the path to comprehensive tax reform and moves us closer to the goal of a tax code that will help reignite our economy and raise wages for our working families.”
Rod Blum is the Republican Congressman in Iowa’s 1st District. He is a member of the Budget and Oversight & Government Reform Committees.