Mark Kennedy: “It is a recurring theme, as the gentleman mentioned, that we somehow here in Washington have all the answers; that we…”

“It is a recurring theme, as the gentleman mentioned, that we somehow here in Washington have all the answers; that we can create jobs in some way by just taxing people more, bringing the government more money. And we are overhead; we are overhead. We are a cost to all those small businesses out there. We are the big ``headquarters in the sky'' that does nothing but send the bill to them and say send more money; we need more money. We do not need more money, but small businesses do. And it is true that too often we demonize small businesses. Too often we say the answer is to throw more penalties their way. Things like this $100,000, being able to deduct it immediately is thought of as a tax cut for the rich, but let us think about what that means. That means rather than having to expense over 4 or 5 or 7 or 9 or 25 years, it can be deducted immediately. As a finance guy who worked in business and who has gone through the calculations, I can tell my colleagues, that will change businesses' decisions as to what they invest in. And what could that be used for? I just started to go through my own history. My first job was picking strawberries, and if we think about our agricultural businesses, what they could do with $100,000. There is the harvesting equipment. That allows them to produce more product, to feed more people, to increase our economy.”