Representative Sue Myrick (R) North Carolina supported Rush Limbaugh’s war against the poor and the middle class when she voted against President Obama’s Recovery Package. Like Limbaugh, Sue Myrick doesn’t seem to care about people that are not as fortunate as her. Sue Myrick wants more tax cuts for the rich and corporations so they can invest in sending more of our jobs overseas. Ms. Myrick has turned her back on the hundreds of thousands of unemployed workers of our state to support her rich freinds. We need to do everything possible to make sure Sue Myrick is not re-elected to public office because she doesn’t support the people, she only supports the wealthy. Myricks plan from her own press release doesn’t do anything for people who are unemployed and in trouble, only offers more money to the same people that put our people out of work and sent our jobs overseas.
Myrick supports an alternative plan that will:
- Cut income tax rates by 5% across the board
- Increase the Child Tax Credit from $1,000 to $5,000
- Make 15% tax rate on capital gains and dividends permanent
- End capital gains tax on inflation
- Repeal the Alternative Minimum Tax
- Make all IRS withdrawals tax and penalty free during 2009
- Increase tax deduction for student loans and higher education expenses by 50%
- Allow businesses to fully deduct the cost of business-related assets purchased in 2009
- Cut the corporate tax rate from 35% to 25%
- Allow small-business owners a tax deduction equal to 20% of their overall income
- Vows to create jobs through infrastructure spending, then allocates only 3% of the total package to infrastructure
- Spends an average of $210,000 on each job expected to be created
- Only 38% of the funds will be spent before 2011
- Funds programs with large, unbalanced budgets that have been deemed ineffective by the Congressional Budget Office
- Spends $650 million for digital TV coupons
- Spends $44 million to repair the US Department of Agriculture headquarters
- Spends $166 billion on states that have failed to balance their budgets
