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Last Day To File Taxes  

Today may be one of the least favorite days of the year for many Americans. Today is the final day to file without receiving an extension. A delay in passing an AMT patch for 50 million taxpayers caused even more difficulty. I’m glad that the AMT finally was worked out so middle income taxpayers were not hung out to dry.

Now I’m working to make sure that tax relief I got through Congress while I was Chairman of the Senate Finance Committee is extended. If this tax relief is allowed to expire, Americans will be hit with the biggest tax increase in history, and it will happen without a vote of Congress. The last thing families, small businesses and investors need in a sluggish economy is a tax increase, but that’s what will happen this year and in 2010 if Congress doesn’t act.