Heller Speaks About Taxes, Jobs and the Economy
(Washington, D.C.) – On the Senate floor, U.S. Senator Dean Heller (R-NV) spoke about the Senate majority’s bill to increase taxes on small businesses (S. 3412), which could cost more than 6,000 jobs in Nevada.
“President Obama said in 2009 – quote – ‘You don’t raise taxes in a recession…because that would just suck up, take more demand out of the economy and put businesses in a further hole.’ I agreed with that statement in 2009, and I agree with it today.
“The plan the majority party and the President are offering will cost Nevada more than 6,000 jobs and would shrink the state’s economy by $1.7 billion. Nationwide, this plan would hurt more than 700,000 jobs. Is this really the economic strategy Washington should be embracing?
“My home state of Nevada leads the nation in unemployment at 11.6 percent. We cannot afford to lose another 6,000 jobs. Divisive partisan politics does a great disservice to every American who is either out of work or has taken a pay cut.
“It is true that our current tax code is too costly, too complex, and too burdensome. There is no question the tax code is unfair and needs an overhaul, but the best this President and the Senate majority can do is push a tax hike designed for nothing more than a campaign sound bite.
“Raising taxes will do nothing to create jobs in Nevada or this nation. As the fiscal cliff draws nearer and job growth remains stagnant, Congress should focus on long-term economic solutions that boost our recovery and provide businesses the certainty they need to create jobs…”
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