The cost of doing nothing is too high a price to pay.
Patrick J. Tiberi: “The cost of doing nothing is too high a price to pay.”
Editor's note · Context
Tiberi warns about the consequences of inaction regarding pension reforms.
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More from Patrick J. Tiberi
I would again like to point out this little chart that shows facts. At the bottom of the chart, if the viewers can see, is the United States with our corporate tax rate. All of these other countries, most of whom are our friends, even…
I found in your testimony what was fascinating is that--and let me get this right--that the largest groups benefitting from 401(k) plans are employees who earn less than $50,000 a year.
Today, if you are a successful pass-through--and no one is going to guarantee that you are a successful business owner--in America, you are paying almost 45 percent of what you make at the top bracket just to the Federal Government.
Tax reform done right will grow jobs and grow paychecks, helping restore the virtuous cycle that gives entrepreneurs the confidence to take a risk and reach for the American dream.





