It is absolutely essential that the United States remain a beacon of safety and clarity to international investors.
I think you should focus on moving towards a value-added tax system.
We don't know what happens, but we don't want to find out.
We shouldn't do it. I hope we don't do it. It would be very bad for the economy.
Yes, that is kind of double taxation, isn't it?
Experience in Europe, including in the last days and weeks, tells you that countries that previously thought that they h...
But if I could just add, the tax on excessive leverage is where European Union is heading, including the UK.
It makes no sense to have a tax code that encourages that leverage, at the same time as we try and pull it back rather i...
Whether you like it or not, Senator, the Code impacts the leverage choice these firms make.
As long as we are putting this in the context of medium-term fiscal consolidation--so, over a 5 to 10-year horizon, unti...
I am proposing that you tax excessive leverage, because that is what generates the big negative.
I think that bringing the corporate rate down would go a long ways towards eliminating the bias that currently exists.
I have to say, with Obamacare, it is like deja vu all over again. Medicare is going bankrupt.
I see that you are pivoting here.
We put them back into Medicare as opposed to spending them on another entitlement, and I think that is the difference be...
If you want a fair, simple, and pro-growth system, you should tax excessive leverage in the financial system and use the...
I actually see that what we are really doing is effectively denying access.
Let me first express my support for moving forward with fundamental tax reform.