Orrin Hatch actually said...

"If we use the existing structure, for every 1 percentage point reduction in the C rate, Joint Tax has estimated that would cost $100 billion over 10 years."

"90 percent of American businesses do not pay the C rate, they pay the individual rate."

"It makes no sense to cling to an outdated system that taxes some high-tech investments, such as computer servers and MRI machines, at more than double the rate of other investments."

"This proposal is all about making the tax code more attractive for the risk-takers who go out and start a small business."