Jobs

The key to certainty in our economy is job creation. The policies of the current administration have frozen capital, and produced wariness among our small business men and women. The burden of Obamacare has already proven costly to numerous employers, and stalled expansion of the workforce in many industries. The Dodd-Frank bill imposed rules and regulations restricting the ability of our community banks to make loans to small businesses, again further stalling expansion and preventing job creation. The regulatory environment under the current administration, and a compliant U.S. Senate, has become an unpredictable flow of burdensome and often punitive regulations. Businesses will not begin creating jobs until there is certainty and a regulatory environment that encourages, rather than punishes success.

The Fair Tax allows taxpayers to keep more of what they make and empowers the taxpayer to take a greater role in managing their tax burden.

We must also overhaul our system of taxation. I have long been a supporter of the Fair Tax. The Fair Tax expands the tax base and flattens the tax burden. The Fair Tax allows taxpayers to keep more of what they make and empowers the taxpayer to take a greater role in managing their tax burden. Economists have already evaluated the Fair Tax and indicate that it would ignite significant economic growth in the United States.

Whether it’s the Fair Tax, or some other plan of taxation, we must review our options in earnest and reform our current tax code if we are to unleash the full potential of our economy and get America back to work.