Ryan: ‘We Are Doing Tax Reform; It Is Going to Happen’
EXCERPT:
RYAN: "Look, go back and read the books that are written about the 1986 tax reform. That was the last time we did tax reform. It’s going to be up, it’s going to be down, it's going to be on, it's going to off. You're going to hear -- you're going to make -- you're going to report 150 stories on tax reform's fate between now and when we get tax reform done. We are doing tax reform. Tax reform is going to happen. And do you know why tax reform is going to happen? Because it has to happen. America has the worst tax code in the industrialized world. It is killing economic growth, it is driving companies to become foreign companies. More and more and more, U.S. companies are going to leave this country because of tax laws or get blocked by foreign companies and we will lose seed corn, our employers. We will lose economic growth. This is existential to our economy and we know this. And so we're going to get tax reform done. And there’s going to be a whole bunch of drama that you're going to enjoy covering between now and then."