Political Quotes

Bill Clinton: It's hard to say. That's in the Senate bill. But I'm not sure how it will come out in the end. I think one thing you can…

On the recordJune 21, 1993
It's hard to say. That's in the Senate bill. But I'm not sure how it will come out in the end. I think one thing you can look forward to is a so-called venture capital gains on new business capital gains tax, where people who put their money into new businesses will be given big incentives to do so. That is, if you take a risk on somebody and you start a new venture and you hire some new people to create new jobs in the economy and you hold that investment for 5 years or more, you'll be able to reduce your tax liability if, in fact, it turns out to be successful. We have to have more people trying to start new businesses. And that's a more hazardous undertaking. So I think you will see that. Mr. McCarthy. Will there be some incentives for new business? Because I heard from----
Said by
Bill Clinton
Democratic · Arkansas

Share

More from Bill Clinton

Mar 4, 2025

the era of big government is over

thewrap.com
Feb 6, 2025

'We should see it as a return to form for a party that has always made distinctions between 'good' and 'bad' immigrants.'

thenation.com
Oct 12, 2024

I think he can have some of these smaller events where he likes to be the explainer-in-chief.

nbcnews.com
May 13, 2025

We cannot throw the legacy of this country away

cbsnews.com

Other voices in this conversation