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While Nancy Pelosi and the leadership in Congress are focusing on billion dollar bailouts of failing corporations, Missouri's families and small businesses are suffering the pain of an economic recession. Instead of giving blank checks to the folks who are responsible for creating this economic mess, we need to return our focus to the families and small businesses that played by the rules and have been caught up in the bad economy through no fault of their own. To get our economy growing again, Congress needs to focus on Main Street. They need to help families make ends meet, by letting them keep more of what they earn. The number one thing we can do for these families is make the middle class tax cuts permanent. If the middle class tax cuts are allowed to expire, a family of four with two children that currently earns $50,000 a year would see a 191 percent increase in their tax bill. With out permanent tax relief, the average Missouri family will be hit with a tax increase of $2,825 per year. Congress also needs to help the small businesses who create 7 out of every 10 new jobs in America. We need to make it easier for them to do business by keeping our tax rate low. American small businesses already produce the best products in the world, by reducing the burden of excessive taxation we can ensure that they win in the global market and create jobs here at home. By focusing on Main Street and keeping taxes low, Congress can help the families and small businesses that will turn our economy around.
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