On the recordMay 31, 2012
If corporations were so powerful they would have cut the corporate tax rate and they would have done all other kinds of things to benefit them.
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congress.govEditor's note · Context
Edwards challenges the notion that corporations dominate Washington, citing high corporate tax rates.
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These projects were going to get built, and when federal subsidies were layered in, it just meant that the investors like Warren Buffett and others earned higher returns than otherwise.
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I don't think Congress should appropriate any more money for these programs. I think the time for federal subsidies, if there ever was one, has passed.
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