Last week, the President presented his American Jobs Act –
which analysis reveals to be a $447 billion Stimulus II.
While it includes some tax relief that I support, for job
creators and for the middle class, it is unfortunately
composed largely of the same temporary gimmicks and more
fundamentally flawed federal spending programs from
Stimulus I.
His plan is a mixed bag of failed worn-out ideas. And it
gets worse. This time he is including tax increases that
members of both parties agree are a bad idea. The President
paints them not as the economic poison they are, but as
class warfare against “millionaires and billionaires.” The
unfortunate reality is that his tax provisions would hit
small businesses and their creators – the backbone of our
economy – the hardest. Even Senate Democrats have conceded
his tax increases are unacceptable.
The free market is the engine that drives economic growth.
Why then does the President insist on the failed notion of
government solutions instead of policies that support
American free enterprise?
Dr. Paul Broun, GA-10
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