U.S. Rep. Chrissy Houlahan is running ads on social media touting her plan to create jobs in Berks County by advocating for a tax credit solely for one local manufacturer. Meanwhile she and fellow Democratic Reps. Susan Wild and Madeleine Dean are in lockstep support of spending $3.5 trillion and raising a slew of taxes. They will likely vote to raise the corporate income tax rate from 21% to 26.5%.
Every dollar sent to Washington is one less dollar available to pay wages locally, invest in productivity improvements, donate to local charities and reward investors for taking risks. The current tax code was in large part responsible for pre-COVID-19 record improvements in economic achievement for all Americans, most especially women and minorities.
According to the Federal Reserve Bank of St. Louis, Federal net expenditures are 31.35% of gross domestic product. How much is enough? Will they ever be satisfied with the money they take from Americans?
Next year, 100% of the House is up for reelection. Republicans need to step up and recruit quality candidates to replace the advocates of job-destroying policies. Alternatively, our local representatives can buck their party’s leadership and vote not to take resources away from job creators.
Lower Heidelberg Township
Source: Berkshire mont