More Jobs vs. Higher Taxes
Up on Facebook today is a status update from Congressman John Boehner previewing this week’s vote on the Small Business Tax Cut Act, a Pledge to America bill that gives struggling small businesses a 20 percent tax cut to help boost job growth. In the status update, Boehner contrasts Republicans’ focus on jobs and gas prices with President Obama’s ongoing campaign for tax hikes.
On NBC’s Meet the Press, Treasury Secretary Tim Geithner claimed President Obama’s policies have been “remarkably effective.” But the fact is the administration has only made it harder for small businesses to hire new workers. And instead of talking about jobs, the president is pushing higher taxes.
Both the Small Business Tax Cut Act and the GOP American Energy Initiative are efforts by House Republicans to reverse the president’s ‘stimulus’-style policies and help small businesses grow and hire new workers. Here are a couple excerpts from Boehner’s message this morning:
ON THE SMALL BUSINESS TAX CUT ACT: “In the Pledge to America, Republicans promised to allow small business owners to take a tax deduction equal to 20 percent of their business income. The Small Business Tax Cut Act makes good on that pledge, and will give more than 22 million small businesses with fewer than 500 employees a much-needed infusion of capital.”
ON THE AMERICAN ENERGY INITIATIVE: “[W]e launched the American Energy Initiative, a Pledge-based plan focused on removing barriers to energy production and stopping policies that drive up gas prices. And in the coming weeks we’ll vote on additional legislation to expand production and approve the Keystone XL pipeline blocked by the White House.”
ON PRESIDENT OBAMA’S CAMPAIGN FOR TAX HIKES: “The Democratic-controlled Senate refuses to vote on most of these [House-passed] jobs bills. And the president isn’t urging them to act – he’s more focused on tax hikes than jobs. In fact, President Obama’s much-touted ‘Buffett Tax’ has been called everything from a ‘sham’ to a ‘hoax’ to ‘total gimmickry.’ Why? Because it won’t do a single thing to create jobs, address our debt, or lower gas prices.”
Read the full status update here. And visit jobs.GOP.gov for more information on the Republican Plan for America’s Job Creators, and click here for a full list of House-passed jobs bills that are still stuck in the Democratic-controlled Senate.