We just asked them. I said, Here's the deal. I am just collecting information, and I have my own opinions as to what you are going to say, but I want you to give me your best shot. What are the things that are going to create unemployment? And, of course, the converse of that is, if you don't do those things, then employment will come back. What are the things that are really enemies to just wrecking the economy? And they gave me a list of five things. The one that came to their mind first was taxes. Because, if you are a small business man and you get taxed and taxed and taxed, it takes away the money you have to invest in new processes, new technology, new lines of equipment, adding a wing on the building, putting some machine tools in there, whatever it is. All those things create jobs. But if you take all their money away, then they can't make those investments.
W. Todd Akin: “We just asked them. I said, Here's the deal. I am just collecting information, and I have my own opinions as to what you…”
On the recordDecember 8, 2010
Editor's note · Context
The speaker discusses the impact of taxes on small businesses and job creation.
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