The gentleman argues for an increase. But is it not true that the United States has had a healthier economy in the last 10 years than most of our competitors, indicating that it probably has not done us that much harm by not doing the same things that other countries do by penalizing their people with high taxation and making these subsidies?
Discussing economic policy and taxation during a debate.
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The bill before us grants the Executive Branch the power to raise nearly $500 billion dollars in revenue. I hope I am not the only Republican left in Congress who is horrified by a bill that proposes to raise taxes by half a trillion…
Imposing a 100 percent tariff on all goods imported from countries like China and India is the economic equivalent of shooting ourselves in the foot.
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