We should have cut corporate taxes, Congressman Sessions says

Posted by S. Dawn Casey on April 9, 2008 |

In response to my question of whether or not lowering taxes were a quick fix or not, Congressman Pete Sessions (R-TX) says I asked him an interesting question. If you are competitive in what you do, and someone else in this competitive world does something, you respond, he says. For instance, the Soviet Union went to a flat tax, and they’ve almost doubled the amount of revenue they get, and so it’s always a competitive marketplace. All of a sudden we look up, he says, and America has the second highest corporate tax rate in the world. We should have said that in order to be more competitive, we should have cut corporate taxes. Once again it’s a level of where your competition is- that’s your marketplace. (1:14)

 
icon for podpress  Standard Podcast: Play Now | Play in Popup | Download

April 9, 2008
« Congressman Sessions says we need to grow new jobs
Today at Talk Radio News Service »
Both comments and pings are currently closed.

Comments are closed.

Categories

Related


Latest Audio

  • Labor Secretary Recalls Helping Undocumented Students Go To College
     
    icon for podpress Play Now
  • GOP Leaders Look To Suade Moderate Democrats On Health Care Vote
     
    icon for podpress Play Now
  • Democrats’ Health Bill One Great Big Ponzi Scheme, Says Thune
     
    icon for podpress Play Now
  • Senate Democrats Employ ‘Gimmickry’ To Keep Health Bill Below $900 Billion
     
    icon for podpress Play Now

Happening Now - TRNS on Twitter