Statement on Proposed Tax Deal
by TexasGOPVote on December 8, 2010 at 2:03 PM
The following came in from the Latino National Republican Coalition of Texas.
The Latino National Republican Coalition of Texas (LNRC) applauds the work of Congressional Republicans in reaching a proposed deal with President Obama that will extend the Bush era tax cuts to all levels of income, a reduction in the payroll tax, and a cut in the estate tax.
“I am appreciative that an agreement has been reached concerning the tax cuts. I’m certain these cuts will have a positive impact on our economy and will prove to be of great help as working families and small businesses all across our country breathe a sigh of relief,” said Eric Garza, Vice Chairman.
In return for this deal, the president will receive a 13-month extension of unemployment benefits. Chairman Artemio Muniz said, “While I commend the work Republicans have undertaken I am doubtful that extending unemployment benefits, during these difficult times, will do anything to boost our economic growth or create jobs. This is just bad policy.”