Uncertainty of Bush tax cuts affects hiring, study states

By Jay Heflin

Congress’ inability to make a decision about the fate of Bush-era tax cuts is contributing to the unemployment crisis facing the country, according to the Labor Day 2010 report by the National Association of Manufacturers.

“Small businesses are America’s job creators, responsible for 60 percent of the net new jobs created in the last decade,” the report states. “But uncertainty about looming tax hikes has stunted employment growth and until Main Street begins to hire, the unemployment rate will remain unacceptably high.”

View the rest of the article from The Hill here.