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Sen. Richard Burr addresses jobs bill
Written by Mike Raley/David Horn   
Thursday, 06 October 2011 09:45

(WASHINGTON, D.C.) -- Democrats are going ahead with a rewrite of parts of President Barack Obama's jobs bill to include a new tax of 5 percent on income above $1 million. North Carolina Republican Sen. Richard Burr said new taxes are not the answer.

"I believe the silver bullet right now, if there is one, is that we ought to radically reform our tax code, corporate and individual, we ought to do away with all of these loopholes and deductions, we ought to flatten rates, we ought to reduce the rates, we ought to bring equity into the system, we ought to make every American believe that every American pays regardless of where they are on the income scale," said Burr. He added that simplifying the tax system and making it fair for everyone will make business and consumers more confident in the economy.

Burr said Republicans are anxious to vote on the jobs package and they tried to call it up this week.  "By unanimous consent, (Senate Majority Leader) Harry Reid objected," said Burr.  "My understanding is Harry Reid's going to bring up an alternative jobs bill next week and it's going to be a bill that we voted on in the Senate and rejected over a year ago."

Last Updated on Monday, 10 October 2011 00:00
 
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