David Malpass Quotes

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.

If every country tries to race towards the lowest [tax] rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.

I think, definitely, this country needs a lower corporate tax rate and tax reform so that we can get our profits that we've made overseas back into the country without heavy penalties. And if that happens, I think that would be very good for the market and all of that.

We have to reduce the tax burden, whether it's income tax for corporations or private individuals, and we should put a freeze on property taxes.

I don't think we should reduce the corporate tax rate.

Get rid of the preferences and the special deductions and the loopholes... and invest in getting the tax rate to a competitive level so we stop seeing companies move off shore.

Trickle-down economics does not work, and tax reform should not be defined as partisan tax cuts for the wealthy and huge corporations.

The United States already has the highest corporate tax rate in the world.

The whole tax code should be looked at, all the way from farm subsidies to carried interest to - to corporate loopholes, because we really need to raise more revenue.

It's not Apple's fault that they're seeking to avoid paying taxes. They're not lying, cheating or stealing. They're following the rules that were created by governments. If the government doesn't like the rules, they can change them.

The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage.

Tax reform is a once-in-a-generation opportunity.

Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.

Business is global. Countries need to react to that; taxes need to be paid where profit arises.

To him [Mitt Romney] all profits are equal whether made in the United States or off shore.

You and I have to pay more to cover their tax avoidance.

Most European countries fund their low corporate taxes with some form of a value-added tax, on consumption rather than income.

I have long argued that in the modern world, corporation tax has had its day as a major source of tax revenue.

Almost everyone agrees that corporate tax rates need to be cut because of global competition. Companies should not be able to stash earnings overseas tax-free.

For decades, American companies, large and small, have been competing with one hand tied behind their backs thanks to our unfair, outdated tax code.

To be competitive globally, we have to reduce the corporate tax rate.

Taxing companies, particularly successful multinational companies, is one of the most progressive forms of taxation.

If the goal of the Trump tax cut is to make America look more like tax-cutting North Carolina and less like soak-the-rich Connecticut and Illinois, he's certainly on the right track.

A lack of reform - particularly in international tax - has hurt our ability to compete in a global economy by keeping U.S. corporate cash overseas and reducing domestic investment, slowing economic growth.

We are closing corporate loopholes so we are hardly being heroic to close the combined reporting loophole. I think 28 or 30 other states have done it and a lot of those states will be trying to get Amazon.