Political Quotes

“Mr. President, last week I came down to the Senate floor to talk about the need for tax reform. One of the most important things we can do to help our economy and American families recover from years of economic stagnation under the previous administration is to reform our Tax Code. The Tax Code affects every aspect of our economy. It affects how much money you have left over to save or invest. It affects whether a new business can get off the ground. It affects whether an existing business might have the money to raise wages or to hire new employees. It is often the determining factor in whether American jobs go overseas. Right now our Tax Code isn't doing much to help anybody. It is increasingly strangling our economy, depressing job and wage growth and new business creation, pushing American jobs overseas, and is placing a heavy burden on working families who see far too much of their paychecks going to Washington, DC. That is why Republicans are making tax reform a priority this fall, and we are hoping the Democrats will join us. Last week I mentioned the five principles that will guide any Republican tax reform legislation. Any bill we pass will have to do these things: No. 1, result in increasing wage and economic growth; No. 2, provide tax relief for the middle class; No. 3, keep good-paying jobs here at home; No. 4, increase American competitiveness in the global economy; and, finally, it has to simplify the Tax Code.…”