COMMITTEE on WAYS and MEANS

Chairman Dave Camp

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Taxes and Debt By the Numbers

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Washington, Jul 23, 2011 | comments


35%

The U.S. corporate tax rate.


9.2%
               

The current unemployment rate.

55


The percentage of Americans who oppose including any
tax hikes in the debt deal, according to a Rasmussen poll.

1


President who has repeatedly called for increasing taxes on job creators
as part of any plan to increase the debt limit.

ZERO


How much sense it makes to tax the very people we are depending on
to create the jobs we need to help get roughly 14 million unemployed Americans back to work.



As businesses
struggle in a stagnant economy, a recent Wall Street Journal article is a reminder that large “[c]ompanies are laying off employees at a level not seen in nearly a year, hobbling the job market and intensifying fears about the pace of the economic recovery.”  As those businesses struggle to hire, raising taxes and increasing their cost of doing business is the exact opposite way to create the jobs this country and American families need.


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