Monday, November 7, 2011

Report From 8th District Congressman Joe Walsh

Week October 31, 2011
Last week in Washington, I along with other members of the Republican Study Committee launched the 'Jobs Through Growth Act,' which sets forth an across-the-board plan for economic growth and job creation.

This act simplifies tax codes and offers regulation and energy reforms which will free up the economy and help American job creators to create jobs and put Americans back to work. This act also includes language from my bill to index the capital gains tax to inflation (H.R. 2945) which will offer tax relief to American families and small businesses.

The 'Jobs Through Growth Act' gets government out of the way and let's American businesses grow. That will create jobs, not more useless stimulus spending from the President.

As Chairman of the Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access, I held a hearing last week to examine the need for individual tax reform for small businesses.

heard testimony from four witnesses, two who were from Illinois' 8th Congressional district: William R. Smith, Chief Executive Officer at Termax Corporation in Lake Zurich, IL, testified on behalf of the Precision Metalforming Association and Stephen Capp, President and CEO of Laserage Technology Corporation in Waukegan, IL, testified on behalf of the National Federation of Independent Business.

Lower taxes and consistent tax policy is what small business owners need in order to thrive and create jobs. If we want to see this growth take place, we must take actions such as reforming tax codes and lifting burdensome regulations.

UPCOMING EVENTS
Town Hall Meeting
Saturday, November 19  -- 3:30pm-4:30pm
Warren Township Building
17801 W. Washington Street
Gurnee, IL

Town Hall Meeting
Tuesday, November 22 11:30am-1pm
Dock's
313 East Liberty St.
Wauconda, IL

Town Hall Meeting
Saturday, November 26 3:00pm-4:30pm
Woodstock VFW Post 5040
240 N. Throop Street
Woodstock, IL

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