THE HILL
 
comment
Print

Reid: GOP's millionaire job creators are imaginary like 'unicorns'

By Josiah Ryan - 12/12/11 03:29 PM ET

Senate Majority Leader Harry Reid (D-Nev.) suggested on Monday that millionaires who create jobs are a mere figment of Republicans' imaginations. 

"Millionaire job creators are like unicorns,” said Reid from the Senate floor.  “They are impossible to find and don't exist."

Reid's frustration has grown in past weeks as Republicans have repeatedly and overwhelmingly blocked almost every fragment of President Obama's jobs package brought to the floor because Democrats have attempted to pay for them by raising taxes on millionaires. Republicans say they oppose that tax because it would hamper job creation.

But Reid said Monday morning that there was no evidence of a correlation between taxes on the wealthy and jobs. 

"Republicans say the richest of the rich in our country … shouldn't contribute more to put our economy back on track," said Reid. "They call our plan time after time a 'tax on job creators,' and I say so-called job creators because … every shred of evidence contradicts this red herring.”

The majority leader concluded that most of Republicans' "fictitious millionaire job creators" are "hedge fund managers or wealthy lawyers that don't do much hiring."




Source:
http://thehill.com/blogs/floor-action/senate/198787-reid-gops-millionaire-job-creators-are-imaginary-like-unicorns

More Videos »

Floor Action Twitter - Click to follow
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.