RSC Update: What Black Friday Says About Raising Taxes
Washington,
Nov 26 -
From the Chairman
The annual post-Thanksgiving shopping spree has become an American tradition. It’s also proof that people respond to prices. We like to buy when things go on sale, and we often delay or reduce purchases when prices go up.
The price of a day’s work is no exception. Every hour spent working is an hour not spent with the kids, going to school, relaxing, or pursuing other interests. We all consider these costs and choose how best to provide for ourselves and our families. But what happens when the government takes 40-50% of the next dollar you earn? For many, the reduced reward won’t be worth the cost, and our economy will suffer as a result.
Right now, liberals are trying to figure out how to raise taxes when what our economy needs is a simpler, fairer tax code with lower rates. If you want to raise revenue, do it with pro-growth tax reform that will encourage more jobs and more prosperity. Don’t do it by raising taxes.
The bottom line is that when it’s a matter of the pocketbook, people will respond.
God Bless,
Congressman Jim Jordan
Chairman, Republican Study Committee
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- Rep. Jaime Herrera Beutler (WA-03) responds to the final Critical Habitat rule issued by the U.S. Fish and Wildlife Service that would vastly increase the amount of federal forestland designated as “critical habitat” for the Northern Spotted Owl.
Outlook – A quick look at what’s on the horizon.
- On Friday, the House is expected to vote on H.R. 6429, the STEM Jobs Act, which would prioritize visas for foreign graduates of American universities in the STEM fields (science, technology, engineering, and mathematics).
RSC Reports
- Watch a recently made RSC video on our spending and debt.
- RSC Updates are now online! Looking for one of our recently released charts and graphs? Click here.
- Stay up to date on budget and spending news with reports from the RSC Budget and Spending Task Force.
- Check out the RSC Sunset Caucus’ work to shrink the size of government and the Repeal Task Force’s work to eliminate bad laws and regulations.
- House rules now require sponsors of legislation to provide a Constitutional Authority Statement that explains how Congress has the constitutionally-derived authority to enact their proposals. Click here to see liberals’ highly questionable attempts.
- Read the RSC Money Monitor to track how bills passed by the House affect budget authorizations, mandatory spending, and federal government revenue.
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House Republican Study Committee
Rep. Jim Jordan, Chairman
Paul Teller, Executive Director
Brad Watson, Policy Director
Joe Murray, Professional Policy Staff
Curtis Rhyne, Professional Policy Staff
Ja’Ron Smith, Professional Policy Staff
Derek Khanna, Professional Policy Staff
Brian Straessle, Communications Director
Michael Tate, Deputy Communications Director
Wesley Goodman, Director of Conservative Coalitions and State Outreach
Yong Choe, Director of Business Outreach and Member Services
Rick Eberstadt, Research Assistant
1524 Longworth House Office Building
Washington, DC 20515
(202) 226-9717
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