Economy and Jobs
Economic growth is created by private business and entrepreneurs. The role of government is to protect our citizens and ensure interstate commerce, while creating a level and fair playing field for all participants. Businesses and the free market economy of the United States of America have produced one of the highest standards of living in the history of the world.
The key to growing the economy and creating jobs is to create a climate in which businesses are comfortable taking risks. Private job creation is the key to economic prosperity. Every dollar taken from the financial markets, in the form of taxes or borrowing, results in less money being available to entrepreneurs looking to hire Hoosier workers. We must encourage, not penalize, private companies to take risks and grow the economy.
One way that we can grow our economy is by reducing taxes and thanks to President Trump and unified government, we have been able to do so. In December 2017, the President signed the Tax Cuts and Jobs Act into law. This bill makes our businesses more competitive and gives Washington less of the average Hoosiers paycheck.
I support expanding upon the gains of this historic tax reform bill. Many Hoosiers have received bonuses as a result of tax reform. To help those Hoosiers, I have introduced the CRUMBS Act, which would make these bonuses tax-free.
For more information concerning my work and views on the issues of Economy and Jobs, please contact my Washington, DC office.
I look forward to your feedback.
Thank you.
See also information on resources for businesses.