Posted on 09/14/2011 2:00:43 PM PDT by TXnMA
Kimberly Willingham (202) 225-3035
Jonna Fitzgerald (903) 561-6349
Washington - Rep. Louie Gohmert (TX-01) released the following statement today after introducing the American Jobs Act of 2011 which will create jobs by taking the corporate tax rate to zero.
We have heard a lot of rhetoric about job creation from President Obama over the last several days. After waiting to see what the President would actually put into legislative language, and then waiting to see if anybody would actually introduce the Presidents bill in the House, today I took the initiative and introduced the 'American Jobs Act of 2011.' It is a very simple bill, which will eliminate the corporate tax which serves as a tariff that our American companies pay on goods they produce here in America.
This bill will actually create jobs in America. Right now, American manufacturing jobs are shipped overseas. What is really insidious about this tax is that corporate taxes are paid by the consumer built in to the cost of the good or service. Corporate taxes are paid for by people in the form of lower wages to American workers and less money paid out in dividends in everything from 401K retirement accounts and to those who would risk their capital in business ventures. This type of capital investment is where jobs come from.
Unlike President Obamas bill, which clocks in at 155 pages, the 'American Jobs Act' is only two pages. The American people want to see jobs and economic growth and this bill guarantees that outcome. America would instantly become a safe haven for businesses resulting in an explosion in revenue increases. If we really want to create jobs and grow the economy, we must pass The American Jobs Act now.
To view a copy of the bill, click here.
Congressman Louie Gohmert is the Vice Chair of the Judiciary Subcommittee on Crime, Terrorism and Homeland Security. Prior to being elected to serve in Congress, Louie was elected to three terms as District Judge in Smith County, Texas. He also served as Chief Justice of Texas'12th Court of Appeals.
Well lets see we can either pass this or pass the monstrosity that Obama submitted which takes money from the right side of the room and places it in the left side of the room and for that the President claims he is creating more money.
I was expecting another 2000+ page monstrosity.
It’s a beautiful thing.
So Obama can not use that name now right? They have to change it?
I don’t know. Even if Obama can use the same name, he’s still proven himself to be a jack-ass.
Yes he has!
Why not introduce the Affordable Energy act of 2011. Reduce regulations for domestic oil production and award more leases to companies to drill on Federal land. Just think of the US jobs that would create. Most of them high wage positions.
I forgot to mention that the bill should include a $5.00 per gallon trigger that eliminates all barriers to drilling offshore and in ANWAR if and when gas hits $5.00 per gallon. Its going to happen someday and we should grab the public support on this issue now.
Our Man/Child Pres**ent must learn to eat his peas.
You’re 10 short by my count.
Thank you Congrwssman Gohmert! Would that all Representatives and Senators had this much gumption!
Visualize whirled peas..........
Genius move by Gohmert!
Humiliating...I love it!
Use a stamp. Help the post office keep their jobs.
Classic
LOL! How refreshing. Something that succint and to the point that could actually do some good.
Please do--from Canada, too! It won't affect me but I'd love for things to improve back home.
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