Washington, D.C. - Congressman Tom Emmer (MN-06) today voted in favor of the Tax Extender Package which passed with a vote of 318-109.
“The American people know that we cannot tax and spend our way into prosperity,” said Emmer. “Minnesotans know how to spend their money better than Washington bureaucrats. Today, passage of this legislation allows for $622 billion in tax relief over the next 10 years, which allows families, businesses and taxpayers to keep more of their hard-earned money.”
“The package allows for a 2-year suspension of the medical device tax - which is crucial to Minnesota - and the so-called Cadillac Tax,” said Emmer. "This package also makes the research and development credit permanent, extends the bonus depreciation credit, and enhances Section 179 for small businesses. This package is a huge win for Minnesota, and what is good for Minnesota is good for the Country. Congress has a duty to enact pro-growth policies that help working families and encourage, not stifle, development and innovation throughout our nation, and today we took a big step towards doing just that.”