On the recordSeptember 10, 2024
I would warn you trying to raise marginal tax rates to the extent you want to is going to really harm economic growth.
Source
congress.govI would warn you trying to raise marginal tax rates to the extent you want to is going to really harm economic growth.
Johnson cautions against raising tax rates, linking it to negative economic consequences.
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I'm concerned about them. I come from a state that will feel the pain of tariffs on the agricultural side and the manufacturing side, as well.