Rand Paul: “A free market libertarian does not believe in welfare for anybody, let alone the rich, and it is particularly gnawing to…”

“A free market libertarian does not believe in welfare for anybody, let alone the rich, and it is particularly gnawing to see the subsidies go to the very wealthy. I am in strong support of this amendment, but, like the gentleman from California, I do not support this for the purpose of collecting more taxes, but I do think it is a message to us here that if we do not revise our tax system and our regulatory system we will prompt more and more business to leave this country. So there are two issues here, but corporate welfare and subsidies should have no part in this. There is no room for it. It is wrong. Also, the beneficiaries outside the corporations we should not forget either, because the biggest country that benefits from this is China. Why do we subsidize China? People who receive the goods get a benefit as well as the people who get to sell the goods get a benefit? China is on the books right now currently with $5.9 billion in outstanding loans. They receive more than anybody else. So there is something wrong with a system like that.”