RICHARD TISEI

Richard Tisei would be bad for American workers. He is so out of touch that he opposes cutting payroll taxes, despite the fact that cutting them gave Massachusetts workers $2.8 billion more in take home pay.

Opposes Cutting Payroll Taxes
Tisei Said Payroll Tax Cut is “Sort of Gimmicky” and it “Hasn’t Worked.” During an interview with WCVB, the host asked Richard Tisei if he would have voted to extend the payroll tax cut. His response was, “I don’t think you should borrow money to do it, number one. And I think it is sort of gimmicky. The reason that that was put into place was to help businesses create jobs and you know as a small business owner, I can tell you that businesses need to know what’s going on two or three years down the road. They need some stability and predictability. And, you know, it hasn’t worked basically.” [WCVB-TV, 12/1/11] Tisei Would Not Have Voted for the Payroll Tax Cut in Congress. During an interview with NECN, the host said “The President’s jobs bill is going absolutely nowhere, one piece of it would extend and expand payroll tax cuts that exist now and then expand them to not only employers but make them greater for virtually every worker in America. Would you support that as a member of Congress?” Richard Tisei responded by saying that it is a short-term measure. When asked if he would support it as a short-term measure, Tisei responded, “I don’t think so.” [NECN, 11/16/11] • Center on Budget and Policy Priorities: 3.4 Million Workers Received $2.8 Billion in Higher Take-Home Pay in Massachusetts Due to Payroll Tax Cut. The Center on Budget and Policy Priorities estimated how many people in each state are benefiting from the payroll tax cut in 2011 and how much they received. In Massachusetts, 3.4 million workers will receive $2.8 billion in higher take-home pay this year. [Center on Budget and Policy Priorities, 9/7/11] Center on Budget and Policy Priorities: Letting Payroll Tax Cut Expire Would Shrink Worker Paychecks and Damage Weak Economy. According to the Center on Budget and Policy Priorities, “Failure by Congress to extend the temporary payroll tax cut enacted last December would reduce all paychecks starting on January 1, withdrawing needed support from the still-weak economy. The measure, part of the tax cut-unemployment insurance deal between President Obama and Republican leaders, reduces the employee share of the Social Security payroll tax, boosting workers' take-home pay by an estimated

$120 billion in 2011. The tax cut is worth $934 to the average family.” [Center on Budget and Policy Priorities, 9/7/11] • Center on Budget and Policy Priorities: Letting Tax Cut Expire Would Slow Economic Growth, May Even Cause Economy to Slide Back Into Recession. According to the Center on Budget and Policy Priorities, “Many economists have warned that letting the tax cut expire at the end of December would slow economic growth next year. To reduce the risk that the economy will continue to grow too slowly to lower unemployment or may even slide back into recession, policymakers should at a minimum extend the tax cut.” [Center on Budget and Policy Priorities, 9/7/11]

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