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Walz Statement on Tax Cut Compromise

Statement

By: Tim Walz
By: Tim Walz
Date: Dec. 17, 2010
Location: Washington, DC
Issues: Taxes

Rep. Tim Walz released the below statement following his vote last night in favor of H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010:

"I am disappointed with measures in this compromise that add to the debt and do not help grow our economy, such as tax cuts for millionaires and billionaires. However, while I am unhappy with several items included in this compromise, I recognize that compromise means giving some things up in return for important things you want. I cannot in good conscience vote against tax relief for the middle class, unemployment benefits, and tax incentives for renewable energy initiatives that could help create jobs in Minnesota. Minnesota families will spend those dollars at the local grocery store or putting gas in their car, putting dollars right back into our communities. That is why I decided to support this legislation."


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