OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: This Is How We Create Jobs in the New American Century

Issue Position

Date: Jan. 1, 2016
Issues: Business and Consumers Taxes

To build the most innovation-friendly economy in the world, we must build the most business-friendly economy in the world. Right now we have, quite nearly, the exact opposite. The United States has the highest corporate tax rate in the developed world. We have a tax code that punishes American companies for competing in the global economy, and a regulatory system that prevents small businesses -- the primary engines of innovation and job creation -- from competing against established players.

How:

Empower innovators rather than punish them.
Cut taxes for all businesses to 25 percent.
Establish a territorial tax system to help bring overseas profits back to the U.S.
Put a ceiling on the amount U.S. regulations can cost our economy.


Source
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