Today, Congressman David Scott (GA-13) addressed the House Floor to urge passage of the tax relief measure. You can watch a video of the speech at this link. Rep. Scott's Floor remarks appear below:
Ladies and gentlemen of the Congress, the time is now for us to ask the one fundamental question before us: What is in the best interests of the American people at this time? By… Read more »
Update July 27, 2010. Today, the House passed The Surface Transportation Earmark Rescission, Savings and Accountability Act, which rescinds $713 million in unobligated funding for 309 earmarks contained in previous surface transportation authorizations – thereby ensuring that these funds will not be used to increase spending in the future.
On July 13, I voted to help pass S. 1508,… Read more »
This year, businesses hired nearly 4.5million new workers who were eligible for HIRE Act tax exemptions. The HIRE Act exempts Social Security payroll taxes for businesses that hire workers who have been unemployed for 60 days or longer. In addition, the HIRE Act allows employers to claim a tax credit of up to $1,000 for each newly hired qualifying worker who is retained for one… Read more »
Congressman Scott voted this week for the Efficiency, Effectiveness, and Performance Improvement Act of 2010. This measure will help Congress conduct more effective oversight, make better-informed authorization and appropriation decisions, identify and eliminate duplicative programs, and help improve the performance of federal programs.
“The American taxpayer deserves a government that… Read more »
The hombuyer's tax credit expired on April 30 for most purchasers. However, members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit.
An eligible taxpayer must enter into a binding contract to buy a principal residence by April 30, 2011. If a binding contract is entered… Read more »
WASHINGTON, DC -- Georgia small businesses will receive a bit of good news in their mailboxes. Companies eligible for new health reform tax credits will be getting a postcard explaining the credits and encouraging them to take advantage of the tax cut.
“This is the biggest health care tax cut in history,” Congressman Scott said. “Georgia small businesses should to know how to start… Read more »
The Council of Economic Advisors released a report that found that the Recovery Act was responsible for about 2.5 million jobs through March 2010. Half of those jobs are as a result of over $200 billion in Recovery Act tax relief and financial assistance that has gone directly to mostly lower and middle-income families.
Since the Recovery Act began a little over a year ago, the economy… Read more »
A recent report shows that an estimated 98 percent of working families received a tax cut in 2009. For more information, read the report at: http://ctj.org/pdf/truthaboutobamataxcuts.pdf
Another report found that typical middle-income families received more tax benefits in 2009. http://content.thirdway.org/publications/279/Third_Way_Memo_-_Are_You_Better_Off_On_Tax_Day.pdf
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On March 24, Congressman Scott voted for two bills that help small businesses: the Disaster Relief and Summer Jobs Act (H.R. 4899) and the Small Business and Infrastructure Jobs Tax Act of 2010 (H.R. 4849). Both measures passed the House. In addition to these two bills, Congressman Scott has also supported other measures to help small businesses: The HIRE Act (H.R. 2847), the American… Read more »
If you made less than $57,000 in ADJUSTED Gross Income for 2009, then you will be able to e-file your tax forms for free. Others who file may be able to use other on-line services. For more information, check out the IRS website: http://www.irs.gov/efile/article/0,,id=118986,00.html
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