[Congressional Record Volume 158, Number 55 (Tuesday, April 17, 2012)]
[House]
[Page H1857]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 BUFFETT RULE TARGETS SMALL BUSINESSES

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, the President's proposal 
of the Buffett rule tax increase is just another political gimmick, 
rejected by the Senate, which is targeted at small business owners. 
With our Nation's record unemployment rate of over 8 percent throughout 
the last 3 years, it is clear the President's policies are destroying 
jobs and chilling economic growth.
  In last week's Washington Post, Charles Krauthammer wrote:

       The Buffett Rule is nothing but a form of redistributionism 
     that has vanishingly little to do with debt reduction and 
     everything to do with reelection.

  The President is using the Buffett rule tax increase as a way to 
distract Americans from focusing on his failure to implement policies 
that will create jobs. House Republicans remain focused on reducing 
barriers that are discouraging job creation.
  I urge my colleagues in the Senate and the President to put party 
politics aside and work with House Republicans to enact policies that 
will help create jobs for American families.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

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