But he did say very clearly that given the length and severity of the economic downturn, that the logical thing to do would be to keep the current rates exactly where they are for at least 2 years because not to do so would clearly cause job loss. If we are listening to the American people and we have our eyes open, making it easier and cheaper to create private sector jobs should be our main objective, and raising taxes on anybody in an economic downturn runs against that objective.
Editor's note · Context
The speaker discusses tax rates and their impact on job creation during an economic downturn.
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