WASHINGTON - On New Year's Day, U.S. Senator John Boozman hailed the Senate passage of legislation that occurred late Monday night. Boozman said this measure protects Arkansas families and small businesses from a tax hike, ranchers farmers and family businesses from the needless worry of IRS troubles following the death of a loved one and makes permanent nearly 90 percent of the tax policy enacted under President George W. Bush.
He released the following statement:
"I am proud that we were able to come to an agreement to prevent the largest tax hike in American history. This bipartisan solution tackles the financial troubles our country is facing while avoiding tax increases for Arkansas families and small businesses. However, there is no reason we should wait until the last minute to address these important policy decisions. We need to provide certainty for families and job creators. I am ready in the next Congress to continue to address the need to get Washington's spending under control and this starts with sound financial planning and passing a budget in the Senate."
(Source: Sen. Boozman's Office)
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