New Taxes Will Not Create New Jobs

Floor Speech

Mr. WILSON of South Carolina. Mr. Speaker, raising taxes on hardworking American families in this economy will not create new jobs. The President already explained that raising taxes in a down economy does not make sense.

Washington's financial problems are not caused by a shortage of revenue. Washington's financial problems are a direct result of skyrocketing wasteful spending such as $16 muffins for the DOJ. Promises like the failed stimulus bill have been revealed as empty slogans, failing the promise of holding unemployment below 8 percent. Twenty-five million Americans are still seeking full-time jobs.

The best way to promote jobs is to offer solutions focused on getting Americans back to work. Providing certainty with regard to tax reform while easing the burden of unnecessary regulations will enable job creators to hire once again.

House Republicans have sought to achieve this goal by passing legislation aimed at cutting redtape involved with running small businesses. Reforms are being blocked by liberals with the threat of a Presidential veto.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.

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