On the recordSeptember 13, 2017
If you lower marginal rates, you change incentives. You increase the incentives to work, to save, to invest.
Source
congress.govIf you lower marginal rates, you change incentives. You increase the incentives to work, to save, to invest.
Toomey argues that lowering tax rates encourages economic activity.
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But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.
I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.