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Tax extenders letter signed by MRAA

Wednesday, January 25, 2012   (0 Comments)
Posted by: Matt Gruhn
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The following is a letter that the MRAA signed on to and was recently delivered to every member of Congress. The letter urges extension of the tax provisions that expired at the end of 2011. The letter is signed by more than 1,500 businesses, associations, community development organizations, and non-profit organizations. This letter was nearly identical to the November 9 letter the MRAA also authorized signing. The few changes to the letter reflected the tax extenders had expired and urged quick congressional action in 2012 of a seamless (retroactive) extension.
 
Larry Innis
MRAA Legislative Affairs
 

TEXT OF LETTER SENT TO MEMBERS OF CONGRESS on January 24, 2012:

Dear Member of Congress:

The undersigned organizations urge Congress to extend as soon as possible in 2012 the tax provisions that expired at the end of 2011.  These tax provisions, which benefit a wide range of taxpayers, including associations, businesses, individuals, community development organizations and non-profit organizations, are important to U.S. jobs and the broader economy.  The lack of timely congressional action to extend these provisions would inject more instability and uncertainty into the economy and further weaken confidence in the employment marketplace.

Moreover, the seamless extension of these expired provisions should not be delayed until policymakers complete work on comprehensive tax reform.  Even though Congress began last year to consider tax reform proposals, a wide-ranging group of taxpayers is making decisions right now related to current law which will have an immediate impact on the economy.  While we are hopeful that the tax reform debate results in policy that is fair, efficient, and encourages economic growth, it is critical that the current tax system provide certainty in the interim.   Additional uncertainty is not a recipe for improving confidence in this economy.

We urge you to pass these important tax provisions early in 2012.

Sincerely,

----------------------------------
 

Dealer Action Request:

We urge you to share this important letter with your members of Congress and other contacts on Capitol Hill. It is crucial that Congress act on the extenders package early in 2012.

Thank you for your participation in this critical effort.

Larry