(Archived document, may contain errors) The Washington Establishment vs. The American People: A Report from the Budget Summit By Representative Newt Gingrich
otherwise we wouldn t be in the mess or at least somewhere near where we are now so i think the president is right. let s give the tax breaks to the middle class. those are the people, the small business owners, that need it the most. not the very wealthy that haven t been paying their taxes the way they should have in an appropriate percentage the way lower income aren t you afraid some of these small business owners who are sole proprietors if they re going to be taxed more they won t be able to hire additional workers? there are a lot of incentives available. we passed the hire act that allows for businesses to hire someone, a $5,000 tax credit if you employ someone out of work for more than two months. that will help draw down the unemployment figure. people aren t taking enough advantage of it and part of it is because we have tight capital and credit. our financial institutions have to do a better job of making sure that they let, loosen up on the credit. i ll read to you