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Small Business Tax Cut Act

Floor Speech

Date: April 19, 2012
Location: Washington, DC
Issues: Business and Consumers Taxes

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Mr. WILSON of South Carolina. Mr. Speaker, today, the House is expected to vote on the Small Business Tax Cut Act, legislation allowing for job creation promoting economic growth by cutting taxes for small business owners.

In an opinion piece published Tuesday in Politico, Steve Forbes writes ``Real economic growth has been pathetic during the Obama Presidency. Last year, the economy grew 1.7 percent. By comparison, the Reagan recovery was spectacular, growing at 4.5 percent in 1983, with nearly 3.5 million jobs. In just one month, September 1983, the Reagan economy added more than a million jobs, nearly as many as the economy grew for all of 2011.''

In order for our nation to recover from the economic recession, small businesses must be given the opportunity to grow and create jobs. The President and the liberal-controlled Senate continue to stall dozens of bills which would promote jobs. I urge my colleagues to vote in favor of this bill and help American families create jobs.

In conclusion, God Bless our troops and we will never forget September 11th in the Global War on Terrorism.

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