said this one-time tax reduction would bring back over a billion dollars in capital back to the united states. creating up to 2.9 million jobs and increase the economic output in this country by $360 million. in other words it s the kind of economic stimulus that president obama could have achieved if he wasn t so hell bent on passing big government schemes that have failed american workers. [ applause ] today s america s combined corporate tax rate of 39.2% is the second highest in the developed world. it s time to overhaul our tax code so that companies can invest more in their people and their products.
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