We need to lower marginal tax rates and increase investment.
Sentiment: NEGATIVE
What we need is fundamental tax reform.
Here's the problem if you keep raising tax rates: You slow down economic growth.
Raise the taxes, and we find less money in our pockets. Lower the taxes, and we've got more money in those pockets, and we spend it on all kinds of things.
I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.
So if we are really concerned about generating more taxes, we ought to be investing in our people, not taking away the kinds of resources that contribute to their ability to become greater taxpayers in this country.
We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.
Let us invest less and less in war and tax cuts for the richest 1 percent, and more and more in jobs and schools for the other 99 percent.
Instead of raising taxes as some would insist, we need to reduce waste and inefficiency in government.
If we want to increase revenue, we need more taxpayers. The way to do that is employ more people.
We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.
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