Greg Walden: “I appreciate that. America is a great country with a great future if we don't allow it to get messed up in these Halls.…”

“I appreciate that. America is a great country with a great future if we don't allow it to get messed up in these Halls. We have a great opportunity ahead of us, I believe. I certainly think when you see what is happening in some European capitals, some are good things and then there are some questionable things. In some of these areas they realized their tax rates are much too high. All you have to do is go back and look at Ireland that went ahead after many decades of stagnant economy and then did a major tax reform or reduction and all of a sudden its economy is blossoming. They are creating jobs. They are attracting companies to locate in Ireland. I guess that is what troubles me a bit about what I see happening here in the new Democrat majority is they are looking at how do we raise taxes, which I don't think is the way to go. I think hardworking Americans deserve to keep more of what they earn. Certainly that has been my philosophy and how I have voted here. I think that the outcome is clear. If you look at when President Kennedy cut the capital gains tax rate, revenues went up to the Federal Government. Bill Clinton understood it. He cut capital gains rate. Revenues went up to the Federal Government. Republicans cut the capital gains rate. Revenues went up to the Federal Government. The new majority, the Democrats say, We may just let that expire. We may raise it. We may raise all these taxes.”