Paul Ryan sets corp tax goal as "low-to-mid twenties"
Paul Ryan set his goal for the corporate tax rate to be lowered to "the mid-to-low twenties" as a part of his bid to pass comprehensive tax reform "this year." More from his conversation with the New York Times this morning as a part of its TimesTalks series at the Newseum:
- Ryan believes wage growth and international competitiveness are inextricably tied, saying, "We keep businesses based in America, we keep manufacturing things in America…I think the thing that's holding us back from higher wage growth is a 3-percent growth economy."
- When pressed on the need for tax reform as a second major hurricane is set to hit the United States, Ryan said, "Growth helps so many of these problems. Getting our country healthy economically is an incredibly important foundation to solve our problems."