Political Quotes

“when President Obama proposed a plan yesterday to simplify our corporate Tax Code and lower rates for businesses, I expected Republicans all over the country but especially here in Congress to jump for joy. I think there are many people around the country who were satisfied and happy, but the Republican leadership in the Congress surprised me and I think a lot of people by their reaction. Just a few months ago Leader McConnell signaled he would be open to a plan to reform the Tax Code. This is what he said: I'm told President Obama is going to come out for lowering the corporate tax rate. To the extent he wants to do some of these things, our answer is going to be yes. It is amazing how quickly his answer went from yes to no, no. Republicans have favored corporate tax reform for decades. We have heard them say so. This was one of the mantras during the Presidential campaign. But now that President Obama is proposing it, Republicans are opposing it. The President's thoughtful approach would couple lower tax rates, corporate tax rates, with investments in job-creating measures, such as roads and bridges and dams, worker training programs, and manufacturing incentives. He was in the State of Tennessee when he made this announcement. They are a picture book as to how corporate interests there can really move on.…”