Jobs, Taxes, and Economic Growth

After the Great Recession and many years of slow economic growth, the American economy is finally beginning to roar back to life. As an economist and the Chairman of the Small Business Subcommittee on Economic Growth, Tax, and Capital Access, I have worked in Congress to advance pro-growth policies to benefit Virginians and America at-large.  The federal government does not need more taxpayer dollars or to regulate the economy more. Rather, it needs to step back and allow the private sector to do what it does best; grow the economy and create jobs.

Key Points on Jobs and Economic Growth:  

·         The free market is the most fair and prosperous economic system that has ever existed

·         Lower taxes allow individuals and businesses to keep more of their money and further stimulate the economy

·         Reducing unnecessary regulation helps all businesses, particularly small businesses, better compete and succeed

·         Improving our education system is necessary to create a bigger and better workforce and compete globally

               
Key Bills Cosponsored:

H.R. 2723, Employee Rights Act: Would require union employees to opt-in for use of their union dues for any purpose other than collective bargaining, and guarantees a private ballot to vote to unionize among other things.  

H.R. 2092 – Promotion and Expansion of Private Employee Ownership Act of 2017: Makes it easier for companies to become employee-owned.

H.R. 785 – National Right-to-Work Act: Repeals the provision in federal law that makes forced union dues the default labor law of the United States.

H.R. 674 – One In, One Out Act: Requires federal agencies issuing a new regulation to repeal an existing regulation before the new one takes effect.   

H.R. 29 – Tax Code Termination Act: Sunsets the current tax code and calls on Congress to approve a new federal tax system.