Jobs And The Economy

By Pat Toomey

Instead of encouraging businesses to hire new employees, Washington is threatening new and heavy costs and burdens on businesses. If these policies are enacted, Pennsylvania businesses won't be able to hire new employees and may even be forced to lay off workers to survive. Instead, the government should be making it less expensive and easier for businesses to hire people. It can do this by cutting taxes and decreasing regulation. For example, if we rescind the stimulus and cut both employees' and employers' payroll taxes instead, every worker would see an immediate increase in their take home pay and it would be less expensive for businesses to hire new workers. If we eliminated the tax on capital gains and lowered the tax on businesses, it would make U.S. companies more competitive, and lead to major job growth.