FOXNEWS Special Report With Bret Baier March 20, 2012
threatening our fiscal house. >> reporter: he emphasized reigniting economic growth is the key goal, to reduce tax, which he dolled by collapsing 6 tax brackets into two, leaving a 10 and 25% rate and reducing the corporate rate to 25% as well, which he said is the international average. he argues that can be done without adding to the deficit by iewg the same techniques at the bowles-simpson administration. >> we can get faster economic growth, you can do that in a revenue-neutral way. >> reporter: deciding which tax breaks to jettison would be done by the house ways & means. >> we ...