Political Quotes

Martha Roby: You just add our lack of tax reform, which we so desperately need, and I know that we are committed to that here in the…

On the recordSeptember 10, 2012
You just add our lack of tax reform, which we so desperately need, and I know that we are committed to that here in the House majority. We do have a plan that we've set out as it relates to those reforms. We know that American businesses are faced with an unbelievably complicated and cumbersome Tax Code, combined, over 30 percent on businesses, not to mention the problems with the estate taxes. It makes the U.S. the second highest corporate tax rate among developed nations in the world. So the U.S. Federal rate is 35 percent. It's nearly 10 percentage points higher than our other competitors. That, on top of all of the other issues that we've highlighted. I mentioned the manufacturing jobs. I don't know about you, but I get this question all the time: Where have all the manufacturing jobs gone? People always highlight that we just chase these jobs offshore. And it's because we have created this environment in which business owners don't have a choice. If they're going to turn a profit, they have to do what is the benefit for their family to make that hard-earned dollar. I remember hearing a colleague give an example. He was sitting on an airplane next to a guy that made things. He made things, he produced a product, and he wanted to make them in the United States of America.…
Said by
Martha Roby
Alabama
Source
govinfo.gov
Sep 10, 2012

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