the tax code as a way to reward special interests and instead use taxes to create results. the u.s. tax code should spur investment in american. it should spur job creation in america. right now, it currently prevents that. it s simple economics. if you lower taxes on anything, you ll see more of it. if you raise taxes, you ll see less of it. on anything. the principle works in reverse. you have a great example. if you look at it, the cigarette tax is probably the best illustration of this, back in 2008. new york raised its cigarette tax by more than a dollar. the result, consumption goes down, the state smoking rate goes down by 12%. imagine if that principle not advocating a policy here but that principle could reduce smoking by 12%, by altering the tax code, we could make investing in america grow by
Detailed text transcripts for TV channel - MSNBC - 20130822:08:34:45
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Detailed text transcripts for TV channel - MSNBC - 20130822:01:34:45
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