From the office of House Leader John Boehner:
Families and small businesses are struggling in an economy that isn’t producing the jobs President Obama promised. When the Democrats’ trillion-dollar “stimulus” was signed into law, the Obama Administration promised it would keep unemployment below eight percent and create jobs immediately. With nearly four million jobs lost under President Obama’s watch, is it any wonder why Americans continue to ask “where are the jobs?”
What’s the answer? Obama Advisor Paul Volcker says more tax increases, specifically a job-killing European-style value-added tax (VAT). Of the VAT, one Reuters columnist says “politicians love the hidden aspect of a VAT as way of duping voters. To them opaqueness is a feature, not a bug.” The fact is a VAT would be yet another Obama tax hike that would hammer small businesses and undermine job creation, but this Administration continues to pursue job-killing tax hikes: