By Robert Laurie ——Bio and Archives--July 28, 2017
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"If he's looking for Democratic support from guys like me, you need tax simplification. The code is way too complicated at this point. It's too hard for businesses. I think it's too much of a burden on smaller businesses. I would support a reduction of the corporate tax rate, so that those small businesses could have an opportunity - "Cavuto interjected, asking "Would you be for them getting as low as the president wants to get them, to 15 percent?"
"Yeah, I think that's an appropriate number. Yeah. ...Look, in places like Youngstown and Akron, Ohio, we need investors. We need people to make investments in our community to hire the workers that we all talk about so much and you can't love the employee and hate the employer. So you need to keep business taxes low - you need to keep the code simplified."
"You need to keep business taxes low. You need to keep the codes simplified. And then as people make money and as really high-end people start to make money - top one percent, top one half of the top one percent, top one tenth of the top one percent - then we should capture that money as it comes in as income. But let's keep business taxes simple and low, allow for growth, innovation, entrepreneurship, and figure out ways to steer it to areas that are not Silicon Valley or Wall Street, to make sure that we can grow jobs in the industrial midwest."Here's the clip:
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