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There was a new piece of legislation announced in Georgia today by State Rep. Tom Graves (R-Ranger) called the Jobs, Opportunity, and Business Success Act of 2010. In a Georgia Senate Press Office Press Release, Rep. Graves asserts that the JOBS Act will bring about “opportunity, productivity, and innovation.” This legislation strictly includes a list of free market solutions such as the “Elimination of the Net worth Tax,” which taxes accumulated wealth, “A Triggered 50% Reduction of the Capital Gains Tax for all Georgia Taxpayers,” and a “$2,400 Tax Credit for the Hiring of the Most Difficult to Employ” among other proposed solutions.
As Rep. Graves has said,
“These difficult economic times call for bold action.”
Knowing this, as well as knowing that Rep. Graves’ jobs bill is free market based, it is imperative that this legislation get passed. Rep. Graves clearly recognizes the value of fiscal conservatism, especially in times of turmoil.
In addition to expressing his sympathy for those in Georgia without jobs, Rep. Graves has also expressed his admiration for the working Georgians. In an effort to emphasize his position on how we must proceed in order to achieve economic recovery, a Senate Press Office Press Release reports that Rep. Graves stated:
The hard-working people of Georgia—not big government—are the key to our economic prosperity.
For those who are proponents of lower taxes, less government, and more freedom, it is important that we as constituents support, in any way we can, elected offcials who also support these principles. Contrary to current fiscal policies, the Jobs, Opportunity, and Business Success Act of 2010, if passed, would be a step in the right direction.