U.S. Rep. Blaine Luetkemeyer (MO-9) released the following statement in support of House Republican Leader John Boehner's proposal to freeze all current tax rates for two years and cut government spending to 2008 levels:
"While our small business owners have always provided the spark for economic growth and job creation, they are now fearful to make investments and hire new people thanks to a litany of government regulations that have shut the door on innovation and job creation. Under Leader Boehner's bold proposal to freeze tax rates and cut spending, our hard-working small business owners will have the stability and a sense of certainty they need to grow. The last thing these folks need or want right now is to be force-fed multi-billion-dollar tax hikes, billion-dollar bailouts and another round of stimulus spending."
Boehner has proposed that Congress do two things this month on a bipartisan basis to address the challenges facing our nation's small business owners and help our economy get back to creating jobs. The first thing is Congress should pass a bill that cuts government spending for the next year back to 2008 levels, the last year before the bailouts, takeovers and stimulus spending bills. The second thing is a two-year freeze on all current tax rates, stopping the coming tax hikes so small businesses can have some certainty about what is coming down the pike.