The Honorable Jim Webb, Mark Warner, and Rob Wittman,
Like you, I am working my way through the President’s “American Jobs Act of 2011.”
The first thing that jumps out to me is that the “Act” refers to or qualifies other laws, plans, or documents such that this bill in places can’t really be understood. Please demand that the President submit a clean bill that stands on its own so we can understand it. We shouldn’t ever pass bills full of bureaucratic nonsense like this again.
Second this “Act” is far too complex and will no doubt keep armies of lawyers and tax accountants busy all year trying to figure out how this effects individuals and businesses. Cut taxes across the board, make it permanent, and do it without qualification.
Third this “Act” extends the government’s destructive practice of picking winners and losers. As a retired Marine I appreciate the attention on veterans, but they will do just fine if we stop this harmful practice of targeting groups the government deems worthy. As President Kennedy said “a rising tide lifts all boats.” He was talking about tax cuts, but it goes double for jobs.
Lastly this is a toxic mix of things that will work, might work, and won’t work. In short the list is ridiculous. The President has had his way with us for three years and the result has been catastrophic. He is the very last person in government who we should be taking economic advice from. Slash spending, cut taxes, eliminate regulation and we can start getting some traction on recovery.
What ever you do – Do not pass this ruinous “American Jobs Act of 2011.”