Trump: ‘Our Country and Our Economy Cannot Take off Unless We Reform America’s Outdated Tax Code’
RUSH EXCERPT:
TRUMP: "But our country and our economy cannot take off unless we reform America’s outdated tax code. This is so burdensome. Our painful tax system has become a massive barrier to America’s economic comeback. Really is. We’re personalized. It cost us millions of American jobs, trillions of dollars and billions of hours wasted on paperwork and on compliance. Our tax code is a giant seven inflicted economic wound. paperwork and on compliance. Our tax code is a giant seven inflicted economic wound. In the last ten years, our economy has grown at an average economy has grown at an average of around 2% and some would say less than that. When I talked to the leaders of other countries, I speak to them all the time, they’re unhappy about 7 or 8 points of growth, gdp. I spoke to a leader of a major country recently, big, big country. They say our country is big. It’s hard to grow. Believe me, this country is very big. How are you doing, I said? I have very good relationships, believe it or not with the leaders of these countries. I said how are you doing? He said not good. Not good at all. Our gdp is 7%. I said 7%? I speak to another. How are you doing? Not good. He said not good. Not good at all. Our gdp is 7%. I said 7%? I speak to another. How are you doing? Not good. Our gdp is 9%. If you looked at our number when we first got in, we were hitting 1% numbers. Nobody even talks about it. Well, last quarter, we hit 3% GDP."