Bishop Leads Letter Demanding President Biden Stop Implementation of State Tax Cuts Ban
WASHINGTON, D.C.—Congressman Dan Bishop (NC-09) led a letter, along with 44 House Republican cosigners, demanding that President Biden stop the implementation of the ban on State tax cuts as a condition of the American Rescue Act.
“There is never a time to lock in high tax rates and prevent states from reducing tax burdens for Americans. But that’s what Democrats tried to do with their last-minute amendment to the ‘COVID relief’ bill. Democrats in Washington have no business dictating to states what they can and cannot do with their own tax policies. If Joe Biden is really the unifying, centrist President he claimed he would be, then now is the time to show it by stopping such a radical provision,” said. Rep. Bishop.
Democrats included an amendment in the American Rescue Act which pairs the states’ share of relief funds with a condition that bans cutting state taxes through 2024. This overreaching prohibition would cripple a state’s future economic growth and prosperity for its own citizens.
To read the full letter, click here.