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Foxx statement on $540 billion tax hike proposal, job creation (VIDEO)

U.S. Representative Virginia Foxx (NC-05) today made the following statement before the House of Representatives on job creating policies and on House Democrats' proposed $540 billion income tax hike.

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“Keep the taxman from dipping too deep 
into the pockets of those who create jobs.”

U.S. Representative Virginia Foxx (NC-05) today made the following statement before the House of Representatives on job creating policies and on House Democrats’ proposed $540 billion income tax hike.  Click here for video of Foxx’s statement.

“Americans of all walks of life are hurting and cutting back as consumer spending slumps and more families find themselves with a breadwinner without work. 

“What we need to get us out of this slump are policies aimed at helping employers create jobs.  When employers create jobs and start hiring, the unemployed can get back to work and rejoin the ranks of the workers that make our nation great.

“And what kind of policies encourage employers to create jobs? 

“Policies that reduce the burden of government mandates and keep the taxman from dipping too deep into the pockets of those who create jobs—small business-owners.  We’re talking about cutting back the jungle of red-tape and keeping taxes low for the entrepreneurs that always lead the way to economic recovery.

“In 1802 Thomas Jefferson put it this way: ‘if we can prevent the government from wasting the labors of the people, under the pretence of taking care of them, they must become happy.’ 

“He was voicing a common insight into the tendency of government to quickly put burdensome mandates on entrepreneurs and job-creating small businesses under the guise of lending a helping hand.  Today we know this syndrome as big government. 

“Unfortunately for the real engines of job-creation in America, the Ways and Means Committee Democrats floated a massive tax hike in the past few days that will fall squarely on small-business owners and entrepreneurs.  Sure, they will market their $540 billion tax increase as “a surtax” on “the wealthy”.   And you can bet your last dollar that anyone who dares to question this tax will be called a defender of the wealthy. 

“How about defending the small-businesses that will help pull us out of this recession?  How about looking out for innovators and risk-takers whose ideas and products create jobs and grow our economy.  These are the people who will be shelling out for this new $540 billion tax.  And they are the very same people who could be hiring the unemployed and creating good jobs if we’d just give them the breathing room they need—instead of hiking their taxes one more time.” 

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