--I urge you to contact your senator and ask him or her to vote NO on S. 1660, the American Jobs Act of 2011. Introduced by Sen. Harry Reid (D-Nev.), the bill would spend billions of dollars on infrastructure projects, raise income taxes and extend unemployment benefits.
--The so-called jobs plan which was proposed by President Obama will inevitably fail to stimulate the economy. The American Jobs Act of 2011 will crush jobs, increase our national debt and raise taxes on small business owners.
--While the plan does temporarily lower tax rates on payrolls, it does so by permanently raising taxes on income. The $447 billion jobs package will be paid for by increasing taxes on individuals making more than $250,000 annually.
--This would raise the tax rate at which over 40 percent of all small business profits face taxation. Raising taxes on small employers will hamper job growth and slow economic recovery. President Obama’s “Stimulus 2.0” plan will destroy private sector jobs by redistributing wealth from taxpayers to mostly wasteful pet projects.
--The American Jobs Act of 2011 would add billions upon billions of dollars to our unsustainable national debt. It would extend unemployment benefits which are not a form of economic stimulus. Many studies have found that unemployment benefits raise the unemployment rate since they enable individuals to wait for a better job than the one they might take immediately.
--President Obama’s so-called jobs bill is just another tax-and-spend plan that will destroy private sector jobs.
Click here to see FreedomWorks' key vote notice against the American Jobs Act of 2011.