Rand Paul on Tax Cuts: We Have to Have Tax Rates that Make Us Competitive with the World

EXCERPT:

PAUL: “There’s one thing about negotiating. If you put forward 15 and someone says 25 and you wind up with 20, that might not be so bad. But if we start out at 25 and we have 35, we’re going to wind up with 30. So I want the President to hold his guns. I’m out there supporting a 15 percent rate and I’ll support it as long as I think we can get it and I'm going to try to get as close to that as we possibly can. We need to compete with the rest of the world. You can move your business to Ireland and pay 12 percent, you can move throughout Europe and actually pay high teens, low 20s. We’re at 35 percent. So for America to compete, to have jobs here at home, we have to have tax rates that make us competitive with the world.”