Md. Congressman Releases Statement on Fiscal Cliff Legislation - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Md. Congressman Harris Releases Statement on Fiscal Cliff Legislation

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ANNAPOLIS, Md.- U.S. Congressman Andy Harris, R-Md., who voted against the legislation addressing the fiscal cliff, released the following statement on Wednesday:

"Unfortunately, the legislation endorsed by the President increases taxes by $40 for every $1 in spending cuts, raises taxes on 77 percent of Americans, and continues corporate cronyism by providing billions in tax breaks to special interests.  I opposed this legislation that increases taxes on 77 percent of people in my district.  This bill is business as usual in Washington and does nothing to deal with the real fiscal cliff - our 16.4 trillion dollar deficit. In fact, it adds almost 4 trillion dollars to the debt. " 

According to Harris, the legislation allowed the payroll tax holiday to expire and thus 77 percent of Americans will pay an average of almost $1,000 more in taxes in 2013 than in 2012.   

Harris also said the corporate tax loopholes extended in this bill include a who's who of special interests:

  • $12.1 billion for wind energy production 
  • $248 million for Hollywood movie productions
  • $222 million for Puerto Rican rum
  • $78 million for race track facilities
  • $62 million for corporate interests in Samoa
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