Political Quotes

On the recordJanuary 30, 2019
Mr. President, Republicans started out the last Congress with one goal, and that is to make life better for American families. After years of economic stagnation in the Obama administration, too many families were struggling, wages were stagnant, and opportunities were few and far between. Republicans were determined to change that. We knew American workers and American businesses were as driven, creative, and innovative as ever. We also knew we were facing a lot of obstacles, including burdensome regulations and an outdated tax code that acted as a drag on economic growth. So we took action. We eliminated excessive regulations. We undertook historic reform of our tax bill to put more money in Americans' pockets and get our economy going again. The Tax Code may not be the first thing people think of when they think about economic growth, but it is actually one of the key factors that determine how well our economy functions. The Tax Code can encourage growth and job creation or it can make it difficult for businesses to even operate, much less grow and create jobs. Prior to the passage of the Tax Cuts and Jobs Act, our Tax Code was not helping our economy. Large and small businesses were weighed down by high tax rates and growth-killing tax provisions and all the regulatory and compliance burdens that came along with it. Our outdated international tax rules left America's global businesses at a competitive disadvantage in the global economy.…
Said by
John Thune
Republican · South Dakota

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