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Public Statements

Middle Class Tax Relief Act of 2010

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. HELLER. I thank the gentleman for yielding.

Mr. Speaker, I rise today in opposition to H.R. 4853. Of course I strongly support tax relief for the middle class and others, but today's bill is misguided. Nevada is struggling. It has one of the highest unemployment rates in the Nation; more than 14 percent. Some counties in my congressional district are as high as 16, 17 percent unemployment. Real unemployment is probably closer north of 20 percent. At home in Nevada I constantly talk to families, small business owners and workers struggling to make ends meet. That's why I have supported extending unemployment insurance. But Nevadans, like most Americans, want jobs.

So today, ``Washington knows what's best, class warfare, pick-and-choose method of so-called tax relief'' is a dangerous way to go.

The outgoing majority party does not understand that tax hikes do not create jobs. The outgoing majority party doesn't understand that bigger government doesn't create jobs. The outgoing majority party still doesn't understand that more regulation doesn't create jobs. And doubling down on failed stimulus spending--which this bill does also--is, too, the wrong way to go.

It bears repeating simply because the current outgoing majority so often fails to listen: The income levels in the bill today exclude many small businesses, and it's those small business owners who are the job creators in the economy. Three-quarters of all new jobs are created by small businesses, which employ half of all private-sector employees. These are the entrepreneurs, the patent filers, the exporters, the startups and the innovators. They, not Washington politicians, are the ones who will lead our Nation out of its economic struggles, yet today we are asked to support a tax increase on them.

I have a letter here signed by a number of national and local organizations who strongly support extending the current tax relief. In the letter they say, ``strongly urge Congress to end the tax uncertainty plaguing the business community by extending the expiring 2001/2003 tax rates.

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Mr. HELLER. Nowhere in this letter--signed by 28 pages of organizations and businesses nationwide--do they waffle or endorse these income limitations. Several chambers of commerce and local businesses from around the State of Nevada who understand the importance of certainty in our tax policy have signed onto this letter. Businesses like Silver State Barricade and Sign, Starsound Audio, Hartmann and Associates, and Air Systems, Inc. are all in this letter. Today's exercise in political theater is simply bad policy.

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