Paul Ryan Quotes

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.

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.

Getting rid of the deductibility of state and local taxes will force the highest corporate tax states to lower their rates, or fewer corporations over time will headquarter there.

Let's face reality. To ensure Hong Kong remains competitive, we have to uphold a very low tax regime.

I see a good deal of talk from Washington about lowering taxes-I hope they do get 'em lowered enough so people can afford to pay 'em

I think we have to be very sensitive to our need to compete, moving forward, and a lot of that is tied to tax policy.

Obama wants to take the individual small business tax to 44 percent, and the corporate rate - he says - down to 28 percent or whatever. But that really damages the small businesses. And it doesn't make us competitive. You got to take them both down to 20, because state and local corporate taxes are 5 percent.

In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.

When you talk about a 'broad-based business tax,' that's a pretty broad term. I don't know what that means. But it's not something I would be supportive of.

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

At the heart of the Irish economy has always been the philosophy of tax competitiveness. On the cranky left, that is very annoying; I can see that.

When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it - after the 16th Amendment is repealed.

I think, in effect, in most of the European countries, the total marginal tax rate is over 50 percent; that's to say, add on other taxes like VAT to the income tax.

The income tax is the fairest, the most equitable system of taxation that has yet been devised.

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

The story of how the Laffer Curve got its name begins with a 1978 article by Jude Wanniski in 'The Public Interest' entitled, 'Taxes, Revenues, and the Laffer Curve.'

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

A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward.

Have we the courage and the will to face up to the immorality and discrimination of the progressive tax, and demand a return to traditional proportionate taxation? ... Today in our country the tax collector's share is 37 cents of every dollar earned. Freedom has never been so fragile, so close to slipping from our grasp.

Today the Internal Revenue Code constitutes cruel and unusual punishment. A flat tax would be an enormous step forward.

The only issue on taxes - Hillary Clinton is going to raise taxes, and Donald Trump and I are going to cut them.

I'm in favor of doing tax reform, but I think tax reform ought to be revenue neutral as it was back during the [Ronald] Reagan years. We've resolved this issue.

I have only one thing to say to the tax increasers: Go ahead, make my day.

With taxes, if they aren't working right, we can change them with a stroke of the pen. It's basically a market-type mechanism. People make their own choices. You run the taxes, and you get the results.

You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here's the point. The rest of the world, they tax their businesses at an average rate in the industrialized world of 23 percent. Our corporate is 35. Our top S corporate, small business rate is 44.6 effectively. This is killing us.