Political Quotes

On the recordNovember 8, 2017
it would entice them to invest more in the United States. This is real, and the American people need it. It is good television to say that it is absurd to think that American families will get more money from lowering the corporate rate than the tax raised in revenue, but it is wrong. It is tempting to look at a stash of corporate profits and think that corporations just must not want to invest here or ``let's just take that money,'' but that is wrong too. The right move is to create the tax environment that tells businesses that they should invest here because they can make more money. That is why President Obama called for corporate tax reform. That is why former Treasury Secretary--and one of President Obama's economic advisers--Larry Summers said that reducing the corporate tax rate and lowering the competitive disadvantage faced by American multinationals is ``about as close to a free lunch as tax reformers will ever get.'' That is what we do by lowering the tax rate. That is how American families end up with $4,000 more in their pockets--and not just one time; once this fully takes effect, that increase is permanent. Mr. President, we have a historic opportunity. The American people need and deserve a new and better Tax Code, a modern one designed for today's world, not an Atari world or a Ford LTD world. I urge my colleagues on both sides of the aisle to join with us as we modernize our Tax Code and deliver real results for the American people. Mr.…
Said by
Cory Gardner
Republican · Colorado
Source
govinfo.gov
Nov 8, 2017

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