Zander
Platinum Member
One of the toughest challenges we face in the economy is job creation. Government either has policies that foster the creation of jobs or policies that hinder it. Obama's Big Gigantic Government has spent Trillions upon Trillions bailing out Union members, Bankers, and Big Business. Yet, by practically any measure, the "stimulus" has failed and the economy is still losing jobs. Over 16% underemployed is not a pretty picture.
It is time to change course and take actions that have been proven to work. Representative Jim Jordan (R-OH) has sponsored a new bill "the Economic Freedom Act" (H.R. 5029), that I believe is a step in the right direction. Here are the details:
Economic Freedom Act - Congressman Jim Jordan
The bill would also save money by terminating TARP and repealing the remaining stimulus. I sent my Congressman an e-mail today urging him to support this bill.
It is time to change course and take actions that have been proven to work. Representative Jim Jordan (R-OH) has sponsored a new bill "the Economic Freedom Act" (H.R. 5029), that I believe is a step in the right direction. Here are the details:
Economic Freedom Act - Congressman Jim Jordan
The Economic Freedom Act will help create jobs by:
* Reducing The Payroll Tax by Half for 2010. Provides immediate relief by increasing workers' paychecks and improving the bottom line for employers.
* Eliminating The Capital Gains Tax. Encourages the risk-taking and investment that is at the heart of the entrepreneurial spirit.
* Reducing the Corporate Tax Rate to 12.5%. Improves America's competitiveness in the global market and provides incentives for expansion and job creation.
* Permanently Eliminating the Death Tax. Ensures that small businesses and family farms, the engines of our economy, will continue creating jobs for future generations.
* Providing Immediate Business Expensing. Encourages long-term reinvestment in business, increasing competitiveness and creating jobs.
The bill would also save money by terminating TARP and repealing the remaining stimulus. I sent my Congressman an e-mail today urging him to support this bill.