Today, House Majority Whip Kevin McCarthy (CA-22) released a new video highlighting the devastation President Obama’s proposed tax hike on small communities and businesses. The video features restaurant owner-operator Michael Passalacqua, of Washington, PA making his case against the proposed raises.
“My family has been in business for 73 years and I truly see us as a fabric of the community. This economy is just absolutely teetering and raising taxes on anybody at this particular time seems to me to be relatively foolish.”
House Majority Whip McCarthy, agrees with Mr. Passalacqua, and will be leading the charge this week, to vote against these tax raises.
“With the economy already at a near stand still, the President’s proposed tax hike on American small businesses comes at the work possible time for job creators. Independent reports confirm that raising taxes on more than 900,000 small businesses threatens 710,000 jobs and would reduce economic output by 1.3%. It just doesn’t make any sense to punish American families and small businesses already struggling to make ends meet in this tough economy.”
This post was authored by Townhall.com editorial intern Bill Vollono.