Detailed text transcripts for TV channel - FOXNEWS - 20120114:15:03:00
The liberal line, but doesn't back up with the facts. one, you mentioned brenda that we have amongst the highest if not the highest corporate tax rate of all the countries. even if we lowered to 25% look what would happen? toby's brought up some examples of overseas, but in 1997, a joint task force in congress studied the whole issue and what did they find? they found that when no less a person than president kennedy lowered tax rates across the board, what happened? employment went up. and revenues went up, also, the same thing happened under president reagan's tax cuts, employment, unmroit, ...
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