Political Quotes

Scott Walker: I thank Chairman Goodlatte and appreciate those powerful words. Mr. Speaker, I yield to the gentleman from Florida (Mr.…

On the recordOctober 11, 2017
I thank Chairman Goodlatte and appreciate those powerful words. Mr. Speaker, I yield to the gentleman from Florida (Mr. DeSantis), a colleague and one of the sharpest, most intellectual Members of Congress. Mr. DeSANTIS. Mr. Speaker, I thank my friend from North Carolina for yielding. Mr. Speaker, if you were trying to do damage to the United States and you wanted to design a Tax Code that hindered economic growth, that diverted a lot of productive energy, that basically kept America from reaching its economic potential, you probably couldn't do much worse than designing the code that we have. It is enormously complex--70,000 plus pages. I confess, there is no way I can do my own taxes, and I think that is true for millions and millions of Americans. There is a frustration with that, but it also costs massive amounts of money and diverts energy. We are talking about hundreds of billions of dollars that get diverted to complying with the Tax Code, and that is not optimal for economic growth. It repels capital and incentivizes companies to relocate overseas and take jobs overseas. You see companies reincorporating in Ireland or Canada. That is because we have the highest corporate tax rate in the industrialized world. We are almost trying to send businesses overseas. It doesn't allow middle class families to keep enough of the money they earn.…
Said by
Scott Walker
Source
govinfo.gov
Oct 11, 2017

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