Political Quotes

“I will just direct it, and my answer is going to reveal my naivete because my corporate sector in Virginia--and my companies were like everybody's companies--were saying: Hey, drop that 35 percent rate to 28. I may have had one that said to 25, but they were basically saying: If you do it at 28, we are going to be equivalent to other nations. When the bill was put on the table--and, remember, we got it with handwritten interlineations late in the evening when we didn't even have an ability to even decipher what some of the handwritten interlineations were, but we realized they had dropped it to 21 percent. I almost thought it was a typo. It was one of these handwritten things. I thought it was a typo because the companies were only asking for 28 percent. Then I looked further in this massive bill, and I realized that all the individual tax cuts were tiny, temporary, and expiring rather than being big and permanent. So I went to my colleagues, and I said: Have I got a great idea for you. You can take all of these individual tax cuts, if you shave off some of the ones to the most wealthy, and you can make them permanent and still do what the corporations had wanted us to do by having a corporate tax rate equivalent to other nations. I thought I was being helpful. I had a solution to a math problem that I thought they were going to like.…”