Mitch Landrieu: “If we are given a fair hand, we could have actually designed a plan that could have been more stimulative, more fair…”

“If we are given a fair hand, we could have actually designed a plan that could have been more stimulative, more fair, more equitable than the one we will be considering tomorrow. No. 1, the dividend proposal--and I could say scheme--tries to convince people this will create jobs in America when it will not create jobs, and it will raise taxes because of the way it is designed in the big picture, taxes at the local level. That is happening now. If people think that is not going to happen, look at Arkansas. The State of Arkansas just raised income taxes across the board by 3 percent. That is why they have a zero deficit, because they just raised income taxes. This plan, if it does not create jobs, will actually raise taxes at the local level. In Louisiana, only 18 percent of filers even file for a dividend tax. The average is $450 in earnings, so we are saving them $100. The plan that Senator Corzine, Senator Schumer, and I offer will give relief to every worker. It gives help to the creation of jobs in America.”