NAN A. S. HAYWORTH: “Jobs, jobs, and more jobs. That is precisely what this legislation is about, to offer economic opportunities, to create…”

“Jobs, jobs, and more jobs. That is precisely what this legislation is about, to offer economic opportunities, to create new jobs. We can do that. And, indeed, I would commend to my friend a bill we passed a couple of years ago where we reduced the top rate on capital gains taxation, where we offered primary residential exemption. What did we do for our friends in construction, in the building trades? We put people to work. People were buying homes. People had more of their money to save, spend, and invest. And rather than the notion of economic passive visit, and rather than the notion of greed, quite the contrary has been true. When the American people have more of their own money, it helps Main Street. It helps Wall Street. Mr. Speaker, it helps your street, because people have money to spend. New jobs will be created. The chairman pointed out the findings. We know it has worked. It has worked time and again so it will work in this instance. Support this legislation precisely because we want to create jobs. Support this legislation precisely because we want to promote economic growth.”