Jobs? Hanabusa Votes Against Tax Cut for 97% of Hawaii’s Employers
News Release from Djou for Hawaii, April 19, 2012
As is clearly evidenced by today’s vote in Congress, elections matter. Earlier today, Rep. Colleen Hanabusa voted against a bill that would reduce taxes for small business by about 20%. A bi-partisan majority, including 18 Democrats, voted to support of the measure.
"I'm glad to see this small business bill pass the House, with the support of 18 Democrats, and disappointed that Congresswoman Hanabusa voted against it," stated Former Congressman Charles K. Djou. "In Hawaii, nearly 97% of our employers would see their federal tax liability drop by 20% helping to spur our local economy. It would mean more money for Hawaii small businesses to invest in payroll, new jobs and new equipment."
Congressman Djou would have supported both this measure and an alternative measure to reduce capital investment costs. Congresswoman Hanabusa has now repeatedly opposed bipartisan efforts on fiscal and economic reform including efforts to pass a balance budget amendment, permanently end earmarks, and establish a line-item veto.