On the recordJune 6, 2017
If we are able to reduce the business income tax rate to a much lower consumption tax, would that be a pro-growth policy?
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congress.govIf we are able to reduce the business income tax rate to a much lower consumption tax, would that be a pro-growth policy?
Renacci discusses the potential benefits of lowering business income tax rates.
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More from Jim Renacci
I think we should all be focused in on 3 percent, and that is why I am a big believer on tax reform and growth.
I keep saying back home, and we know that we have to cut taxes to avoid companies from leaving.
The problem is 1 or 2 percent on a $3.5 trillion budget is a big number in many cases.
Because too many times, we make decisions based on the next election, not the next generation.