Rep. Black Supports Tax Extenders Legislation That Protects Crucial Deduction for Tennesseans
Washington, D.C. – Today, Congressman Diane Black (R-TN-06), a member of the Ways & Means Committee, spoke on the House floor in support of the Protecting Americans from Tax Hikes Act. The legislation makes permanent over 20 tax relief provisions, including the state and local sales tax deduction, which Tennesseans can claim in place of the tax deduction offered for state income taxes.
The bill also includes provisions of a measure that Congressman Black previously authored combatting education tax fraud by requiring individuals claiming the American Opportunity Tax Credit to provide the employer identification number of the educational institution they are attending. This reform is estimated to provide $837 million savings over ten years, as reported by Congressional Quarterly.
The Protecting Americans from Tax Hikes Act passed with Congressman Black’s support by a bipartisan vote of 318 to 109. A full transcript of her speech is provided below:
Mister Speaker, I rise today in strong support of the Protecting Americans from Tax Hikes Act, which includes a permanent extension of the sales tax deduction that is so critical for Tennessee.
We are proud to be one of nine states in the union without an income tax on wages.
Taxpayers in other states are able to deduct their state income tax on their federal returns, and it only makes sense that a similar deduction would be made available in states like mine that exercise our right not to pile on additional income taxes of our own.
As the only Member of the Ways & Means Committee from the state of Tennessee, I was proud to work with Chairman Brady to ensure inclusion of this much-needed provision in today’s bill.
I am also pleased that this legislation includes language to combat education tax fraud.
Specifically, this bill requires that individuals claiming the American Opportunity Tax Credit provide the employer identification number of the educational institution they are attending – In turn saving our tax system an estimated $837 million in fraudulent payments.
I again urge passage of the Protecting Americans from Tax Hikes Act and I yield back the remainder of my time.
To read a summary of the Protecting Americans From Tax Hikes Act, click HERE.
Congressman Diane Black represents Tennessee’s 6th Congressional District. She has been a registered nurse for more than 40 years and serves on the House Ways and Means and Budget Committees