NICK DI IORIO RELEASES JOBS PLAN
 
"Carolyn Maloney has ignored joblessness, is complacent"

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NEW YORK, NY -- Nick Di iorio, the Republican challenger to long-term incumbent Rep. Carolyn Maloney (D-NY-12) today released his plan to grow jobs in New York and across the country.

"Carolyn Maloney has ignored joblessness, is complacent, and seems more concerned with trying to look busy in Washington, rather than working to create a job-friendly climate in New York," said Di iorio. "Every day I see yet another small business or storefront shuttered because they can't afford to stay afloat.  They need voices in Congress who will speak for them."

Ease the federal regulations that strangle small businesses. Small businesses drive the American economy.  Since 1938, the Di iorio family has been involved in a small business: DeLuise Bakery.  DeLuise has employed hundreds of people over the decades and takes pride in complying with industry standards and regulations.  But right now, excessive regulations from every level of government are forcing businesses like Nick's family's small business to shrink payroll, pay less in wages, and ultimately earn less money to put back into products.  The ACA ("Obamacare") is one example of well-meaning policy that has introduced onerous regulations.  It forces businesses to pay a fee if they don't sponsor specific ACA-approved healthcare plans.  And that has raised the cost of doing business, sometimes to the point of forcing businesses to cut employees.

Regarding larger employers Di iorio noted, "American corporations are holding trillions of dollars in foreign banks because they don't want to pay our corporate tax rate. This is tragic, because these billions in tax revenues could be used to support programs like Medicare, Social Security, food stamps, and health insurance subsidies for low-income individuals.  And corporations could use the leftover billions to produce more goods, build more factories, and create more jobs for the unemployed."

"America is a free country, and we can't force corporations to bring their billions back to America so we can tax them.  You can lead a horse to water but you can't make it drink... unless you provide an incentive."

Lower the corporate tax rate from 35% to 25%. America's corporate tax rate is the highest of any first-world country, which makes corporations reluctant to spend money here.  Letting corporations keep a little more money is an incentive to bring their money back to America and create jobs for the rest of us.  Corporations can spend billions of dollars in the United States, helping to improve our overall economy.

End tax loopholes for corporations.  Politicians have passed special laws that allow corporations to pay less than the established rate. Every corporation should pay their fair share.  

"My corporate tax plan benefits everyday Americans without hurting corporations.  Both Republicans and Democrats, including President Obama, have supported the concept. I believe it's a winner, and I will push for it if elected to Congress," said Di iorio.

Nick Di iorio, the Republican nominee, is the sole challenger running in New York's 12th Congressional District against longtime incumbent Carolyn Maloney.  Di iorio has also received support from members of the Independence Party, Libertarian Party, and Conservative Party.  The district includes the east side of Manhattan, Astoria, Long Island City, Greenpoint, & Williamsburg.  More at: www.nickfornewyork.com.

To schedule an interview, please email Di.iorio4Congress@nickfornewyork.com.
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