Callahan’s ‘jobs plan’ has no point

By DENT FOR CONGRESS

Following the first debate in the Fifteenth Congressional district race, Democrat John Callahan’s “five-point plan” has been revealed to be a big tax increase on American manufacturers who export products, to pay for a plan that will be completely ineffective in creating jobs.

Aside from becoming confused on the five points while explaining his “real simple plan” on Monday night, Callahan claims that his plan would:

1. “Eliminate tax loopholes for corporations that outsource our jobs overseas or use off-shore accounts to avoid paying their fair share,” but in reality Callahan supports a tax that will be placed on ALL American-based businesses that do business overseas. The National Association of Manufacturers says this tax “will jeopardize the jobs of American manufacturing employees and stifle our fragile economy.” 1

2. “Provide tax credits for small businesses that hire new employees,” but the $1,000 tax credit he suggests is an idea dismissed by small business organizations as being completely useless in creating jobs. 2

3. “Make college more affordable and job training more available,” which is something everyone supports, but thanks to Callahan’s tax increases, more people will be going back to school because they’re out of work.

4. “Cut wasteful spending and reduce the national debt in order to reassure financial markets,” but Callahan has fully endorsed the Washington agenda that produced an annual deficit of nearly $1.4 trillion this year, doubles the deficit in five years and triples it in ten years; an $862 Stimulus bill and a $2.6 trillion health care program.

5. “Cut the red tape and bureaucracy that holds small businesses back,” but Callahan endorsed the “1099 provision” of the health care law that the National Federation of Independent Businesses (NFIB) calls “another crippling paperwork mandate that unfairly targets small businesses,” costing employers an average $74 per hour for tax paperwork. 3

Callahan’s “jobs plan” last year was to support the failed Stimulus bill that has seen a loss of 3.6 million jobs since it became law. Unemployment, which was 7 percent at the time of the Stimulus, has remained above 9 percent for 16 consecutive months. Today, unemployment is at 9.6 percent and nearly 15 million Americans are looking for jobs.

“Talk is cheap – John Callahan’s actions speak louder than his feeble words,” Congressman Dent said. “Callahan’s ‘plan’ is the same failed policy that is coming out of Washington – and it isn’t putting anyone back to work.”

Notes:
1. http://www.nam.org/~/media/F7D94DFB3DE843C683BDFEBB720CBE44/International_taxes_SA_4567.pdf

2. http://www.nfib.com/press-media/press-media-item?cmsid=54551

3. http://www.nfib.com/press-media/newsroom-article/cmsid/52010

Video:

http://www.youtube.com/user/Dent4Congress#p/a/u/1/jFPZSPGiimw

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