Lance, Hunterdon County Job Creators Discuss Impact of Looming Tax Increase

Press Release

On Thursday, October 18, Congressman Leonard Lance (NJ-07) held a listening session with members of the Hunterdon County Chamber of Commerce. Lance's meeting with small business leaders is part of an on-going listening session the Seventh District lawmaker has been hosting throughout north central New Jersey.

During the meeting the Seventh District lawmaker answered questions and discussed issues before the Congress -- including the importance of extending all of the Bush-era tax cuts which are set to expire January 1, 2013, -- the need for more economic certainty from Washington to help New Jersey's small businesses grow and hire new employees and national security matters pertaining to the Nation.

"Small businesses throughout the 7th District need greater economic certainty regarding taxes, regulations, healthcare and rising energy prices," said Lance. "Our job creators want Congress to work together to pass sensible measures that will lift the great uncertainty from our economy."

During the meeting, Lance noted that the U.S. House has already approved more than 35 bipartisan measures aimed to help small businesses create jobs.

They include measures to extend all the Bush-era tax rates for all individuals and small business, lift job-killing federal regulations, reduce costs of federal red tape and enact an all-of-the-above energy plan. All of these jobs bills await action by the U.S. Senate.

Chris Phelan, the President and Chief Executive Officer of the Hunterdon County Chamber of Commerce, said he appreciated the Seventh District lawmakers willingness to hear firsthand the concerns of Hunterdon County's job creators.

"There is concern from the business community about the looming federal tax increase and we appreciate Congressman Lance for listening to our concerns on this important issue," said Phelan. "The local Chamber is also concerned about the economic uncertainty coming from Washington because it does affect businesses here in Hunterdon County and the ability to create jobs locally."

The Seventh District lawmaker held similar listening sessions in Cranford, Hillsborough and Westfield.

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