Mike Johnson said "It makes no sense to have a tax code that encourages that leverage, at the same time as we try and pull it back rather ineffectively with regulation." @ PoliticalQuotes.com

On the recordJuly 12, 2011

It makes no sense to have a tax code that encourages that leverage, at the same time as we try and pull it back rather ineffectively with regulation.

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Republican · Louisiana

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Critique of the tax code's encouragement of financial leverage amidst regulatory efforts.

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