guaranteed we have a threat of huge across the board tax increases. we ve layered on all unprecedented levels -up, pat, over the past decades, we ve had massive tax cuts, and even in the 1990s, we fought for tax cuts when bill clinton was president. and you see where we got to in 2008. just simply cutting tax cuts and cutting regulations are not going to cure america s ills any more than a tax program. i prefer the individual and the corporate side, but there seems to be increasing consensus about the corporate side, for instance. so for just a moment, we have all kinds of wrong incentives. we have the second highest marginal corporate tax rate in the industrial world. we create a huge incentive to keep your money overseas. if we simplified this, we could lower marginal rates, easily we could get to 25%, perhaps lower than that. and that would start to change
Pat-toomey
Tax-cuts
Threat
Levels
Tax-increases
President
Bill-clinton
Regulations
Cure-america
Pills
1990
2008
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