Now is the time for tax relief (Rep. Joe Wilson)
Earlier this month, unemployment in my home
state of South Carolina rose to 11%. And for 16 straight months, the national
unemployment rate has been above nine percent, with nearly 20 million people
without jobs. This is clearly a
time of urgency and the last thing hardworking families and small business owners
need are more crippling tax hikes.
The Heritage Foundation has some staggering
numbers about what the incoming tax increases would do for jobs in South
Carolina. Heritage Foundation has found that the state of South Carolina would
lose over 9,000 jobs a year and South Carolina’s families would lose $3,000 each in
disposable income. These frightening figures would be detrimental.
The math is simple: more taxes equal fewer
jobs. Congress must act this week
to prevent the job-killing taxes that are headed for hardworking Americans and
provide policies that give American families incentives to invest and create
jobs.
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