W. Todd Akin said "But, gentleman, you did mention the point that if you take a look at what it is businesses need, they need to have the taxes off their back. But they also need a certain sense of stability, because you're not going to make a decision that's really going to be with you for a long time if you're not, if everything looks turbulent in front of you. You want to kind of hunker down and wait and get through the not knowing where things are going to bounce. And you see if those tax cuts are permanent, that gives you that sense of, okay, now we know what the environment is that we're in. And people take some risks if they think, okay, things are going to be stable a little bit." @ PoliticalQuotes.com

On the recordDecember 8, 2010

But, gentleman, you did mention the point that if you take a look at what it is businesses need, they need to have the taxes off their back. But they also need a certain sense of stability, because you're not going to make a decision that's really going to be with you for a long time if you're not, if everything looks turbulent in front of you. You want to kind of hunker down and wait and get through the not knowing where things are going to bounce. And you see if those tax cuts are permanent, that gives you that sense of, okay, now we know what the environment is that we're in. And people take some risks if they think, okay, things are going to be stable a little bit.

Said by

W. Todd Akin

Missouri

Source

govinfo.gov

Editor's note · Context

The speaker discusses the importance of tax stability for businesses to encourage investment.

Share on X Share on Facebook Email this quote