A Quote by Steve Mnuchin
We're going to cut corporate taxes, which will bring huge amounts of jobs back to the United States.
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We want to cut the corporate taxes, which will bring back growth.
The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.
The United States cannot continue to lose vast amounts of business, vast amounts of companies, and millions and millions of people losing their jobs.
I recently returned from a trip overseas that included deals for more than $350 billion worth of military and economic investment in the United States. These deals will bring many thousands of jobs to our country and, in fact, will bring millions of jobs, ultimately, and help Saudi Arabia take a greater role in providing stability and security in that region.
If you cut taxes on the rich, they'll get so excited and go into so much busy economic activity, that the economy will grow and your tax revenues will actually rise. So cut taxes, collect more taxes. It is a miracle.
And you know, we have an African-American president, and you would have thought that he would have done a much better job for African-American citizens of this country. And he hasn't. And I will because I'm going to bring back jobs from China. I'm going to bring back jobs from Mexico and so many other places that are just ripping this country apart.
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.
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 will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.
We're not going to give tax breaks to billionaires and then cut back on the needs of our elderly or poor or kids or education. We're not going to privatize Social Security - in fact, we're going to strengthen it. We're going to provide quality education for every kid in America, from preschool through college. We have to take on these corporate leaders who are selling out the American people, whose allegiance is now much more to China than it is to the United States. If we have the courage to take these people on, I think we can overwhelm George W. Bush and his friends.
I would rather be an independent senator, governed by my own views, going for the good of the country, uncontrolled by any thing which mortal man can bring to bear upon me, than to be president of the United States, put there as presidents of the United States have been for many years past.
Germany is a capitalist state nurtured carefully and brought back to prosperity by the United States, and it is very loyal to the United States. I don't even think the Germans enjoy full sovereignty. There are some things which they cannot do if the United States doesn't wish them to do it.
[Companies] are not going to be leaving, go to another country, make the product, sell it into the United States, and all we end up with is no taxes and total unemployment. It's not going to happen. There will be consequences.
When these people are going to put billions and billions of dollars into companies, and when they're going to bring $2.5 trillion back from overseas, where they can't bring the money back, because politicians like Secretary Hillary Clinton won't allow them to bring the money back, because the taxes are so onerous, and the bureaucratic red tape, so what - is so bad.
We really believe that we can bring about changes in the tax code that will make America more attractive for investment and job creation and business. But the president has also made it very clear that he wants to put - he wants to put new elements in the tax code that are going to have companies pay a price if they decide to take jobs out of the country and then sell their goods back into the United States.
The United States has a huge budget deficit so taxes are going to have to go up and I certainly agree they should go up more on the rich than everyone else. That - that's just justice.
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