Able Quote by Mitt Romney
![“If you bring [tax] rates down, it makes it easier for small business to keep more of their capital and hire people. And for me, this is about jobs. I want to get America's economy going again. Fifty-four percent of America's workers work in businesses that are taxed as individuals. So when you…” quote by Mitt Romney](https://sms4smile.com/quotes/img-quotes/dce/mitt-romney-268_able_if-you-bring-tax-rates-down-it-makes-it_101895.jpg)
“If you bring [tax] rates down, it makes it easier for small business to keep more of their capital and hire people. And for me, this is about jobs. I want to get America's economy going again. Fifty-four percent of America's workers work in businesses that are taxed as individuals. So when you bring those rates down, those small businesses are able to keep more money and hire more people.”
About This Quote
Lower tax rates for small businesses increase retained capital, enabling hiring and economic activity, which proponents argue revitalizes the broader economy.
In simple terms: Tax cuts boost small‑business hiring.
Key Takeaway
Reduced taxes can stimulate job growth.
Themes
economics
tax policy
small business
employment
growth
Mood
assertive
optimistic
Type
political
economic
When to use this quote
- local bakery expanding staff
- startup hiring after tax relief
- regional economic development plan
Key Concepts
supply‑side economics
capital allocation
Practical Applications
- advocate for targeted tax reductions
- track hiring metrics post‑policy
Questions to Reflect On
- What evidence supports or refutes this claim?
- How might tax cuts affect income inequality?
A Different Perspective
Empirical evidence on tax cuts’ impact on employment is mixed; other factors like demand and regulation matter.
![“Our party [Republicans] has been focused on big business too long. I came through small business. I understand how hard it is to start a small business. That's why everything I'll do is designed to help small businesses grow and add jobs. I want to keep their taxes down on small business. I want…” quote by Mitt Romney](https://sms4smile.com/quotes/img-quotes/ccd/mitt-romney-268_add_our-party-republicans-has-been-focused-o_1849877.jpg)
