Issue Position: Jobs and the Economy

Issue Position

Date: Jan. 1, 2012

The top issue for most Americans is getting our economy moving again so we can get back to work. Washington has failed us with job-killing regulations, tax policies that penalize success, and an environment of uncertainty that leaves businesses unable to make long-term decisions.

Businesses can't make hiring decisions, invest in new equipment, or expand their operations if they're not sure about taxes and regulations. We need long-term pro-growth policies, not short-term stopgap measures.

STOPPING THE MOUNTAIN OF REGULATIONS.

Congress soundly rejected the $2 trillion Cap and Trade National Energy Tax. But rather than accept that defeat, the Obama Administration is trying to impose this scheme through regulations--with Senator Bill Nelson's help. House Republicans have passed many bills that would stop this scheme in its tracks, but the Senate has refused to act on them.

The Administration has also proposed regulations that would shut down cement manufacturing facilities across the nation, sending jobs overseas. Regulations on small community banks are killing their ability to lend to small businesses. Fishing regulations along the Florida coast threaten thousands of fishing jobs. While our Senator has stood idly by, I'll fight to cut regulations and save jobs.

ADOPTING PRO-GROWTH TAX POLICIES.

Investments in job-creating ventures should be rewarded, not penalized. But the Obama Administration's proposed capital gains tax hike will kill jobs. America's job-stifling corporate tax rate is the highest in the developed world -- 35% -- while the rate in Sweden, for example, is only 26&. We must lower our rate to 25% so we can again be the job-creating capital of the world.

PROVIDING CERTAINTY: THE RIGHT ENVIRONMENT FOR JOB CREATION.

It's hard for a business to make long-term decisions when they don't know what the regulatory or tax policy will be in six months. The Administration thinks that delaying costly regulations until after the election will help businesses. But it's just another indication that the Administration intends to impose these costly mandates as soon as they no longer have to face the voters.


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