W. Todd Akin said "This is kind of an amazing chart. These are all different countries all around the world down here, and there's a little green line there. And this is the corporate tax rates. And this little green line happens to be the United States. And the only one with higher taxes on corporations is Japan. And we wonder, gosh, we can't understand why we've lost jobs in this country. Well, we've got the second highest corporate tax rate going, not to mention the taxes on individuals, as you're saying. So we're not doing the job. And part of the reason we're doing all of this taxation, of course, is because we're spending too much money." @ PoliticalQuotes.com

On the recordJuly 14, 2010

This is kind of an amazing chart. These are all different countries all around the world down here, and there's a little green line there. And this is the corporate tax rates. And this little green line happens to be the United States. And the only one with higher taxes on corporations is Japan. And we wonder, gosh, we can't understand why we've lost jobs in this country. Well, we've got the second highest corporate tax rate going, not to mention the taxes on individuals, as you're saying. So we're not doing the job. And part of the reason we're doing all of this taxation, of course, is because we're spending too much money.

Said by

W. Todd Akin

Missouri

Source

govinfo.gov

Editor's note · Context

The speaker discusses the impact of high corporate tax rates on job loss in the U.S.

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