[Congressional Record Volume 158, Number 108 (Wednesday, July 18, 2012)]
[House]
[Pages H4916-H4917]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1210
                               TAX HIKES

  (Mr. SAM JOHNSON of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)

[[Page H4917]]

  Mr. SAM JOHNSON of Texas. Just when I thought the administration's 
economic policies couldn't get worse, the President is now calling for 
a tax increase that will hit 53 percent of small business income.
  At a time when small businesses aren't able to hire because of the 
constant threat of higher taxes, that just doesn't make sense.
  The President's tax plan does nothing to reduce the ever-increasing 
national debt. Instead of threatening job creators with more job-
destroying taxes, we need to cut spending, get our fiscal house in 
order, and ensure that American families and businesses will not have 
to fork over more of their hard-earned money to Uncle Sam.
  The President should recognize that job creators put their own blood, 
sweat, and tears into building their own businesses and that the 
government shouldn't be destroying small business owners with any tax 
hike.

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