WASHINGTON – American Shareholders Association (ASA) today announced Rep. John Hostettler (R-IN) received the organization’s annual Friend of the Shareholder award for siding with investors on important shareholder and economic issues in the 109th Congress.
“There are five general areas where Congress can improve shareholder wealth,” said ASA executive director Daniel Clifton. “These measures include tax reductions, spending restraint, trade expansion, tort reform, and regulatory limits. The Friend of the Shareholder award demonstrates Rep. Hostettler stood on the side of investors during this critical time by voting for these pro-growth, pro-investor initiatives which has boosted investor confidence and shareholder value for investors.”
Votes in the year’s ratings included extending capital gains and dividend tax cuts, improving federal spending programs, reforming lawsuit and tort laws, opening up new trade opportunities, and limiting federal regulations. All 12 of the measures included in the scorecard seek to increase shareholder value and allow for more workers to become investors.
“Recent tax cuts on capital gains and dividends, aimed directly at the growing investor class in America, reflects the changing demographics of America’s economy and electorate,” continued Clifton. “With more than 50 percent of households and nearly two-thirds of American voters invested in the market, the new investor majority continues to play a greater role in the public policy decisions facing Congress. Rep. Hostettler’s voting record demonstrates an avid commitment to protecting shareholders and enhancing economic growth in America.” The American Shareholders Association is a non-partisan, not-for-profit organization dedicated to analyzing public policy affecting shareholders. For more information please contact Daniel Clifton at (202) 549-7803 or by email at dclifton@americanshareholders.com
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