Political Quotes

“Mr. Speaker, let's be perfectly clear: Our tax policy affects job growth. When the Federal Government raises taxes, raises rates, or creates new taxes, businesses make decisions regarding their workforce. When the government takes more, businesses have to make due with less. All told, last year's health care reform law will raise taxes by $800 billion over the next 10 years. One of the new taxes is a 2.3 percent tax on medical devices. Michigan-based manufacturer Stryker recently announced that they will reduce their work force by 5 percent so that they will be prepared to pay this new tax beginning in 2013. Stryker is just one of the first to announce reductions in the layoffs. In the next year, medical device companies will be faced with difficult decisions about where they will cut in order to pay this massive new tax bill. Many will have no choice but to reduce the workforce. We don't need a health reform law that destroys jobs; we need one that encourages the creation of good jobs with good benefits. We must repeal the so-called Affordable Care Act. ____________________”