Huizenga: Why is President Obama Focused on Raising Taxes Instead of Economic Growth?

Statement

Date: Aug. 3, 2012
Location: Washington, DC

Today, Congressman Bill Huizenga (MI-02) issued the following statement on the national jobs report for July:

"Today's jobs report marks the 42nd consecutive month of unemployment above 8%. The uptick in the unemployment rate combined with the drop in the labor force participation rate demonstrates that President Obama's agenda of increased regulation and higher taxes is precisely the wrong approach to getting the economy back on track. A recent study by Ernst & Young states the President's plan to raise taxes will cost over 700,000 jobs. If the President is serious about creating an economic environment where the private sector can grow and thrive, why is he focused on raising taxes on small business job creators?

"In contrast to the President's approach, this week the House acted to extend all of the current tax rates to ensure no American faces a tax increase. The House also passed legislation that lays the groundwork for long-term pro-growth tax reform, providing the certainty necessary for small businesses to invest, expand, and create jobs. These measures are in addition to the more than 30 pro-growth jobs bills passed by the House that are currently sitting idly in the Senate. My Republican colleagues and I are serious about getting the nation's economy growing again and West Michigan needs a leader that will put job creation first. It's time for President Obama to stop focusing on job-destroying tax increases and start to look at growth oriented solutions to help get Americans back to work."


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