MENENDEZ COMMENTS ON TAX CUT VOTE

Robert MenendezU.S. Senator Robert Menendez (D-NJ), a member of the Finance Committee,  released the following statement after two votes in which Republicans obstructed a chance to make tax cuts permanent for middle class families, extend the Making Work Pay tax credit for working families, extend the unemployment insurance program for laid off workers, provide relief for 1.6 million New Jerseyans who would have to pay the Alternative Minimum Tax, extend tax incentives for infrastructure projects, extend a Menendez property tax deduction initiative and reduce the tax filing burden on small businesses:

“This holiday season, our Republican colleagues have chosen to play Santa Claus for millionaires and Scrooge for middle class families. In fact, Republicans have clearly made it their top priority to provide everyone who makes over $1 million per year with an average tax cut of $104,000. It’s a top priority that comes with almost $1 trillion in new debt for our children. As a result of these values, they denied permanent tax relief for everyone who makes less than $1 million, help for laid off workers to keep their families afloat, tax incentives for job-creating infrastructure projects and a reduced bureaucratic burden on small businesses. I hope middle class families have watched this unfold, so they can get a true sense of who is on their side. Despite this obstruction today, we must ensure that no middle class New Jersey family will see a tax hike next year, and I will continue fighting to guarantee that.”

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