U.S. Representative Drew Ferguson (R-GA-03) said this week Democrats on the U.S. House Ways and Means Committee blocked every amendment he added to what he called that party’s $3.5 trillion tax-and-spend budget proposal.
Ferguson serves on the committee.
“In an effort to improve the legislation, on Tuesday, I offered two amendments to help middle and working-class Americans,” Ferguson told his constituents in an emailed newsletter.
“The first amendment would have reduced the maximum income threshold for electric vehicle tax credit from $800,000 to $150,000 ($75,000 for single filers). This is a commonsense measure, would save taxpayers money, and would prevent a massive giveaway to the wealthy.”
Ferguson also said that Democrats have proposed raising taxes on tobacco and nicotine to help finance their $3.5 trillion economic package. He said the second amendment he offered that day would have exempted anyone making less than $400,000 annually from having to pay the tobacco tax.
“With Joe Biden pledging not to raise taxes on anyone earning less than $400,000 per year, doubling the federal tax on tobacco products is a regressive tax, harming lower-income folks and directly violating Biden’s promise,” Ferguson said.
On a separate day last week, Ferguson said he offered another amendment. This amendment would require the U.S. Secretary of the Treasury to act. The secretary would have to certify that changes to the 199A Small Business Deduction won’t force closures of any small businesses eligible for the Small Businesses Administration (SBA) Small Disadvantage Business program.
“At the end of the day, Democrats blocked every single [one] of one of my amendments and none were included in the package that moved out of committee. The economic ignorance of my Democrat colleagues is simply stunning,” Ferguson said.
“This partisan spending package would fundamentally restructure Americans’ relationship with the federal government, while massively expanding its role in the lives of you and your family.”
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