Congressman Kevin McCarthy (CA-22) released the following statement regarding House passage of the Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012 (H.R. 6169):
"While Americans have always harnessed the entrepreneurial spirit to surpass challenges to growth and prosperity, the confusing and burdensome tax code is becoming a clear obstacle to achieving a better standard of living. We cannot expect small businesses to invest and hire when they spend their time trying to comply with a burdensome and complicated tax code.
"Yesterday, the House passed the Job Protection and Recession Prevention Act which would ensure taxes would not be raised on any small business or hardworking American and could save over 700,000 jobs from being lost. Today, the House acted to establish a blueprint for comprehensive tax reform. Taxpayers deserve a tax code that is simpler, flatter, fairer and easier to understand -- that protects their interests, and not the interests of bureaucrats in Washington. In fact, independent reports estimate more than one million jobs can be created in the first year alone with a simpler and more competitive tax code.
"The Pathway to Job Creation through a Simpler, Fairer Tax Code Act is the first step in providing the economy a foundation for robust economic and job growth. This bill is another pro-growth policy that has been passed in the Republican-led House, and the American people are counting on the Senate to put the partisanship aside, vote for American job creation and send it to the President's desk."