When you raise taxes on small business, from 35% to 40%, you will kill jobs.
Sentiment: NEGATIVE
Higher taxes kill jobs. Regulations kill jobs.
If you're going to go increase taxes on small businesses, you're going to slow down the extent to which we're able to reduce unemployment. So I think it's a serious mistake; the wrong time to raise taxes.
Obama wants to take the individual small business tax to 44 percent, and the corporate rate - he says - down to 28 percent or whatever. But that really damages the small businesses. And it doesn't make us competitive. You got to take them both down to 20, because state and local corporate taxes are 5 percent.
Raising taxes won't create private sector jobs.
I get how devastating high taxes are to job creation.
I've built companies, I've created jobs, I know the frustration of small businesses with higher taxes.
Someone is going to have to explain to me at some time how raising taxes on job-creators is going to create more jobs.
Here's the problem if you keep raising tax rates: You slow down economic growth.
Simply cutting the taxes for America's wealthiest families is clearly not creating the needed new jobs, and that strategy is unlikely to succeed in the future.
We're going to cut corporate taxes, which will bring huge amounts of jobs back to the United States.