RSS
December 1, 2011 –Today, Nebraska’s Senator Ben Nelson issued this statement after voting on two Senate proposals related to payroll tax cuts on individuals and businesses. A payroll tax cut approved a year ago for individual taxpayers is set to expire at the end of 2011.
“Today I voted to keep taxes low for one million Nebraska taxpayers who face a payroll tax hike on New Year’s Day,” said Senator Nelson. “The bill I supported extends tax cuts Congress approved last year that saved Nebraskans $700 million to continue tax relief next year.
“The bill also provides additional payroll tax cuts to tens of thousands of Nebraska’s small businesses. Our small businesses are a key engine of job creation and economic growth in America, and cutting their taxes now would enable them to hire workers and expand business activity.”
“Taken together, these payroll tax cuts for Nebraska families and small businesses would be used to pay daily bills, to cover education expenses and to create jobs, helping our economy grow and return America to prosperity.”
“In contrast, I opposed the alternative payroll tax proposal because it simply fell short by not extending the payroll tax cuts to our small businesses. With our economy still recovering, we should cut taxes for individual taxpayers and for small businesses because, together, they will get our economy back on track.”
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