WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would simplify and make permanent the research and development tax credit.
“For over 30 years, companies large and small have taken advantage of the R&D tax credit to foster innovation and keep America competitive. However, the uncertainty surrounding the credit’s annual extension has ultimately… Read more »
WASHINGTON – As Americans face the annual deadline to file their tax returns, Rep. Virginia Foxx, R-N.C., today praised passage of several pieces of legislation designed to protect hardworking taxpayers and rein in IRS abuse.
“Taxpayers shudder at the mere mention of the IRS, and that image hasn’t been helped since the federal government’s most feared agency admitted to singling out… Read more »
Most of us understand what it means to balance a budget. We work hard to get a paycheck. We use that money to feed and clothe our family and keep a roof over our heads. If we’re able, we put a little aside in case of emergency or for a rainy day. We all know the feeling of sitting at the kitchen table, long after the kids have gone to bed, shuffling through bills and pay stubs. But we… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of the House Republican pro-growth balanced budget proposal, which passed the House by a vote of 228-199.
“In my family, balancing our budget isn’t just a priority, it’s a requirement. We must view America’s budget the same way. Washington owes the American people a responsible budget that reins in federal spending… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would strengthen and improve the investment tool known as a 529 plan, which helps families save for their child’s college education. H.R. 529 passed the House of Representatives by a vote of 401 to 20.
“Paying for college is hard work, and it’s getting more difficult as tuition and fees continue to… Read more »
Virginia Foxx, who represents North Carolina’s 5th Congressional District in the U.S. House of Representatives, introduced legislation to stop the use of political “robocalls” across the United States.
According to information released by Foxx’s office, she was joined by fellow Republican David Jolly, of Florida, in introducing House Resolution 827.
“Every campaign season, like… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would provide incentives for charitable giving by making permanent tax deductions for the donation of food, land for conservation and IRA contributions as well as simplifying the tax rate for private foundations.
“Americans are a giving people whose compassion for others is well known, whether… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today released the following statement regarding President Obama’s budget request for Fiscal Year 2016:
“One of the concerns I often hear from folks in North Carolina is that the federal government spends too much. Many worry that our ballooning national debt threatens economic stability and jeopardizes the American dream for their… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., today spoke out in opposition to President Obama’s plan to raise taxes on popular college savings accounts.
“Paying for college is hard work, and it’s getting more difficult as tuition and fees continue to increase at rapid rates,” said Foxx on the House floor. “Luckily American families have an investment tool known as a 529 plan to help them… Read more »
WASHINGTON – Rep. Virginia Foxx, R-N.C., tonight issued the following response regarding President Obama's State of the Union address:
“The American people spoke loud and clear in November, but it’s evident from tonight’s State of the Union that President Obama wasn’t listening. Despite a rejection of his policies at the ballot box, the president continues to propose outdated,… Read more »