Tax Relief And Health Care Act Of 2006
Mr. Speaker, I certainly want to thank Chairman Thomas. He has been a great chairman and has worked with everybody on both sides of the aisle and is sorely going to be missed. I know he doesn't like people to say nice things about him…
Mr. Speaker, I certainly want to thank Chairman Thomas. He has been a great chairman and has worked with everybody on both sides of the aisle and is sorely going to be missed. I know he doesn't like people to say nice things about him because he does not want to be known as a nice guy, but he truly is.
Florida, like other States, does not have an income tax, and only recently have the residents again been able to deduct the sales taxes from their Federal income tax. That is called parity. It is parity with other States. This deduction was about to expire at the end of 2005.
In recent months I and many others from States that only have a sales tax have heard from many constituents who are concerned about whether or not they will be able to claim this deduction as they begin their taxes, due April 15. Thankfully this legislation before us today will extend this critical provision.
I know throughout the last several months I have probably been the biggest nag to Mr. Thomas about this issue. I know all of my colleagues from States that only have sales tax also have been making their views known that this does need to be continued.
I certainly want to stress that it is common sense, and, again, it is just parity. And we do need this very much-needed tax benefit and it is good that we are able to deliver it just before the holidays.
I want to thank the chairman.