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Tabor Jobs Plan

My families business, Revival Soy, was started in the basement of our family home almost six years ago. Through hard work, long hours, and the blessings of God, our company is now one of the top three fastest growing companies in the Piedmont Triad. Revival Soy has averaged a 200% growth each year over the past four years and is a completely debt free company. We currently employ over 130 people in the 5th Congressional District.

I personally believe that better days are ahead for North Carolina and the United States. It’s true that our state has been hit hard with job losses that have put many good, hard working people out of work. We must strive to protect the businesses we have while working to restore and rebuild our economy by bringing other good, well-paying jobs to our state. This will require marketing the 5th District to businesses. I believe we can make North Carolina the most business-friendly state in the nation.

In Congress, tirelessly working to bring new businesses to our state will be a top priority of mine. Unlike many politicians running for office, I have a successful background and experience of running a business that I will put to work for the people of the 5th Congressional District. As a successful small businessman, I know what Congress needs to do to help businesses of all sizes grow, prosper, and most importantly, create new jobs.

Develop New Industries
North Carolina has long had an economy centered around agriculture, manufacturing and textiles. These are very important industries to our economy. We must work to grow these industries while attracting new industries into our state like research companies, development companies, agriculture companies and pharmaceutical companies. With our dedicated workforce and strong educational system, North Carolina has the necessary tools to attract new industry. As your next Congressman, I will use my background in sales and marketing to bring these new companies to our state. I will also work with state and local officials to ensure that the federal government is a partner in bringing jobs to North Carolina. One example. North Carolina houses many brave men and women who fight to protect our freedom yet North Carolina has very few military contracts. I will work to change that.

Lower Taxes for Small Business
Small businesses provide over 2/3rds of the new jobs in our economy. Congress should recognize this and take steps to help small businesses continue to grow. One of the easiest ways to accomplish this is to lower their taxes. When the tax burden of a small business is lowered, they will have more money to finance the growth of their business. A growing business means more jobs.

I believe we need to make President Bush’s tax cuts permanent. Included in these tax cuts were many provisions helping small business including accelerating small business expensing provisions, cuts in the Capital Gains tax and a temporary repeal of the so-called “Death Tax” that places such a large burden on small business people. Yet, despite the good that these tax cuts are doing for the economy, these tax cuts are set to expire in a few years unless Congress makes them permanent. In Congress, I will not only fight to make President Bush’s tax cuts permanent, I will continue to work to further lower the tax burden on small business because this will cause our economy to grow and allow the creation of more jobs.

Tort Reform
While I hold a deep respect for the right to access our civil justice system when someone has been hurt or injured by the acts of others, I believe we must reform our system of civil litigation. The number of civil lawsuits has tripled in the past 40 years. We must reform the legal system to limit the number of frivolous lawsuits being filed in our court system. Often these have no real merit and are used simply to extort payment from the business being targeted. Unfortunately, this costs us jobs. When a business is forced to spend thousands of dollars defending against frivolous lawsuits they have less money to expand their business, invest in research or hire more people. Sometimes the lawsuits result in businesses closing or having to lay people off.

In Congress, I will work to pass reasonable reforms to our civil justice system that will help limit frivolous lawsuits, abolish joint and several liability provisions, and limit outrageous punitive damage awards that are completely out of proportion.

Job Training Assistance
It is vitally important that those who are no longer able to work in their chosen industry be given the assistance necessary to train for another occupation. I believe that giving the unemployed the help they need to become qualified for a new job is a wise investment. In Congress, I will work to ensure that each and every unemployed worker who wants to become trained in a new field will be able to do so regardless of their financial situation.

I will also work with the Community College system to develop new programs that address chronic job loss and that are more flexible than the traditional two-year degree tract. If we utilize the resource we have in the Community Colleges, we can train workers more quickly for jobs that are currently available and use this program as a means to attract new business to our area. If employers know that when they look to our area they will have ready trained workers, they will be more likely to locate here.

Reducing and Streamlining Federal Regulations
Complying with the myriad of federal regulations imposed upon businesses is simply too costly and time consuming. We must continue to cut through the bureaucratic red tape that the federal government has imposed on business. Too many businesses are forced to spend thousands, if not millions, a year in costs associated with complying with federal regulations. I believe the federal government needs to take a hard look at each and every regulation affecting business and ask if it is really necessary to protect the health and safety of consumers and employees. I also believe that any new or existing federal regulation must be reasonable and affordable to business in order to take affect. Failure to adhere to this simple standard ultimately costs our economy jobs.

Making Health Care Costs Affordable
Health insurance costs to employers and employees are quickly getting out of control. When health insurance costs are too expensive many businesses are not able to hire new employees. For some businesses the skyrocketing costs of health insurance have even forced them to lay off employees.

We must bring health insurance costs under control. In Congress, I will work to pass reforms that enable small businesses to purchase health insurance as a group. I will also work to reduce the costs that medical malpractice lawsuits bring to the system by supporting medical malpractice reforms. Health insurance costs must be brought under control. The cost of health insurance should not stand as a barrier to growing a business and bringing new jobs to the economy.

Opening New Markets for American Products
American businesses and their workers are the best in the world. We should be able to compete with anyone in the world. Yet, for many American businesses, the playing field is not even. Unfortunately, this inequity costs American workers jobs. As your next Congressman, I will work to expand global markets for American business. I will also work to ensure that existing trade agreements are enforced to prevent illegal imports and the transshipment of textiles. There is no doubt that we have the best, most qualified workers in the world. If given the chance to compete on a level playing field, nothing will stop American business from succeeding.

Conclusion
We are all incredibly blessed to live in this great country. As the world’s leading economic power, there is no reason why people who want a good paying job should not be able to get one. In Congress, I will not rest until that is true. I firmly believe that the best way to grow our economy and bring new jobs to the 5th Congressional District is to continue to improve the climate for businesses of all sizes. You have my word that I will use my experience helping to run a successful small business to work day and night to ensure that the necessary steps are taken to improve the economy in the 5th Congressional District and bring new jobs and businesses to our state.