A Quote by Lee Myung-bak
I plan to lower corporate taxes to create an environment that encourages companies to invest more.
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The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.
Lower taxes will stimulate your own personal economy by leaving more money in your pocket to do what you want - invest, save, spend, buy a bigger house, a nicer car, and give to charity. And lower taxes also lead to more money for the government to use on those things they've promised you. It's a win-win for everyone.
The truth is, our corporate income taxes are some of the highest in the world, and frankly, in my judgment it's unpatriotic if you're not for reducing the corporate income tax. We want to make it so American companies are on a more level playing field competing with companies around the world.
Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.
I'm a Conservative who believes in lower taxes. They lead to a more enterprising economy. But I'm not somebody who believes you can fund lower taxes by borrowing more money.
Are you going to divest in the banks and pension funds? Plenty of people are willing to invest in stock of those companies. You can argue that when a lot of people divest, it makes the stock price artificially low, which makes their price-to-earnings ratio more favorable, which makes it a better investment for the people who don't give a damn - - and is it really going to change corporate behavior? It begins to create a climate of antagonistic opinion, the result might be that the corporate executives will retreat even more into their own selfjustifying narratives.
I came into politics partly because I want to be able to reduce taxes so that individuals have more of their money to spend, so that businesses have more of their money to create jobs, but I believe that lower taxes are sustainable when you get the public finances in order, so I will only make promises I can keep on taxation.
As a society, we need to create an environment that encourages women to make the choices that are available to them and encourages them to speak their mind.
We are sticking with the plan. We have a plan to get taxes down, to get regulation down, to get productivity up, to create jobs, to reduce taxes, to boost prosperity. The plan is working and we are sticking with it.
Republicans want less taxes so we can create jobs; however, we cannot win by solely focusing on an economic message of lower taxes and smaller government.
...countries don't create economies. It is entrepreneurs and companies that create and revitalize economies. The role of the governments should be to create a nourishing environment for entrepreneurs and companies to flourish, not to get in the way of economic development.
It looks like [Donald] Trump's plan has the potential to actually move the needle on economic growth because he wants to lower taxes and lower regulations. That would be very powerful in terms of creating jobs.
The Trump administration's economic agenda is the right agenda. Corporate taxes have been driving capital and brains and companies overseas for a decade. It has caused huge damage in investment and jobs and productivity. It was a mistake. We have to fix it. Counterintuitively, that usually helps middle-class wages, and lower-class wages, and job formation.
We owe to every businessperson and worker in America the best environment in the world to create a job. We owe that to American business. 35 percent corporate tax rate is the second highest in the world. We need to lower it so they don’t leave.
In 1993, as House Democratic Leader, I led the fight to pass the Clinton-Gore economic plan - a plan designed to slash the deficit, invest in education, cut taxes for working families, and ask the wealthy among us to pay their fair share... Not one Republican voted for that plan. They said it was a job killer.
The U.S. states that allow for citizens' initiatives tend to have fewer laws and lower taxes than the ones that don't. But the beauty of the system is that it encourages the spread of best practice.
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