Steve Pearce: “I have found in my district that people come up and say, you know, I know they are not having too good results in the…”

“I have found in my district that people come up and say, you know, I know they are not having too good results in the rest of the country, but I am having my best year ever. A window manufacturer in my district told me that exact thing, that they have had their best year ever and they have been in business for several years. We have another business in Berlin that is beginning to export very high-quality welding across the world; and again, they are saying, we are having a tremendous year. One of the things that I would like to point out is that during the committee hearings yesterday on the soda ash industry, we found that back about 3 years ago, arbitrarily, the government raised taxes from 4 percent to 6 percent on soda ash. Now, that soda ash industry made $700 million in revenue last year, they made no profit but they paid $100 million in taxes. We are losing business to China because China, in the same number of $700 million in revenue, actually in the soda ash industry, paid no taxes.”