Now, does that make sense? Is that logical? Now, you know, I was talking to a bunch of people, too, as I went around my district. And you know, people make economics way too complicated. I said, look, it's not that complicated. It's like a lemonade stand. Just picture you run a lemonade stand. It doesn't have to be complicated. And if you want a little business, if it's a lemonade stand or a machine shop or whatever it is, you want to make some jobs, you want to do some jobs, what you want is you have got to allow the guy that owns it to make enough profit from it so that he will add another wing on it, and he is going to sell tea mixed with lemonade, and then he is going to have peach lemonade, and different things and different products, different people. So as he expands his business he hires more people. But in order to let him do that, first of all he's got to keep enough of his profit to be able to invest it back in his business. I mean it's isn't complicated. Don't make economics so hard. And so I am sure you are talking to your constituents. My constituents are nodding their head up and down, yeah, I understand that. Not that complicated. So if you want to know what's going to kill jobs, the first thing is excessive taxation. It's just a killer to jobs. Where does the government get all its money? Taxation.
W. Todd Akin: “Now, does that make sense? Is that logical? Now, you know, I was talking to a bunch of people, too, as I went around my…”
On the recordJuly 14, 2010
Editor's note · Context
The speaker discusses the impact of taxation on job creation and economic growth.
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