PASS THIS BILL

This is a classic. You will recall B Hussein Obama's taxpayer campaign stop last Thursday where he said around one-hundred times "Pass this bill!" or words to that effect. That in spite of the fact the American Jobs Act of 2011 wasn't even written. And after they finally put one forward no Democrat in Congress would introduce it. Well a Republican actually put a real jobs bill forward....this is great. Here is the text of his bill.

112TH CONGRESS 1ST SESSION

IN THE HOUSE OF REPRESENTATIVES Mr. GOHMERT introduced the following bill; which was referred to the Committee on

A BILL

To amend the Internal Revenue Code of 1986 to repeal the corporate income tax.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ‘‘American Jobs Act of 2011’’.

SEC. 2. REPEAL OF CORPORATE INCOME TAX.

(a) IN GENERAL.—Subsection (b) of section 11 of the Internal Revenue Code of 1986 is amended to read as follows:

2 ‘‘(b) AMOUNT OF TAX.—The amount of the tax im-
posed by subsection (a) shall be zero percent of taxable income.’’.

(b) REPEAL OF ALTERNATIVE MINIMUM TAX FOR CORPORATIONS.—Subparagraph (B) of section 55(b)(1) of such Code is amended to read as follows:

‘‘(B) CORPORATIONS.—In the case of a corporation, the tentative minimum tax for the taxable year is zero.’’.

(c) CONFORMING AMENDMENTS.— (1) Paragraphs (1) and (2) of section 1445(e)
of such Code are each amended by striking ‘‘35 per- cent’’ and inserting ‘‘0 percent’’.

(2) Subparagraph (A) of section 7518(g)(6) of such Code is amended by striking ‘‘34 percent’’ and inserting ‘‘0 percent’’...

Thank you Mr. Gohmert...I love it when someone shoves it back into the leftists face! Now if the Speaker can take a tip or two off you.