Issue Position: Economy
Issue Position
Our economy needs a plan, but those in Congress seem more interested in scoring political points than addressing our community's concerns. Small businesses, are responsible for almost 65% of all new jobs. Before small businesses can begin hiring new workers, they need economic certainty. Certainty doesn't come from higher taxes. I have never voted for a tax increase, and will continue to make lowering taxes and simplifying the tax code my priority. Low taxes, fiscal responsibility in Washington, and tax relief for families and small businesses will stimulate the economy and fuel a more robust economic recovery.
As a congressman, I supported the following efforts to get our economy back on track:
H.R. 5554 - Small Business Financing and Investing Act of 2010
This bill would provide tax relief to small businesses by easing the regulatory burden and expanding access to credit. Small businesses drive job creation in our economy, particularly in Hawai'i. Helping small businesses grow should be one of Congress' priorities
H.R. 5141 - Small Business Paperwork Mandate Elimination Act
This bill would amend the Internal Revenue Code to repeal a provision added by the Patient Protection and Affordable Care Act that requires small businesses to report payments of $600 or more. This addition to the tax code puts an unfair burden on businesses with a limited number of employees. Congress should reduce barriers to small business success.
H.R. 2189 - Government Charge Card Abuse Prevention Act of 2009
This bill requires each executive agency, except the Department of Defense (DOD), to establish and maintain specified safeguards and internal controls for official purchase cards and convenience checks. Government credit cards should follow the same accounting standards as corporate businesses.
HR. 205 - Death Tax Repeal Act
This bill repeals the federal estate and gift taxes. The so-called "Death Tax" is no more than a double tax on Americans who want to leave something to the next generation. Using the death of a loved one as an excuse to tax is just another sign of how out-of-touch Washington really has become.
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