American people Quote by Mitt Romney
“The reason is because small business pays that individual rate; 54 percent of America's workers work in businesses that are taxed not at the corporate tax rate, but at the individual tax rate. And if we lower that rate, they will be able to hire more people. For me, this is about jobs. This is about getting jobs for the American people.”
About This Quote
Source Speech: 2012 Republican National Convention, Mitt Romney, 2012
Lowering individual tax rates for small businesses could stimulate hiring and job creation in the U.S.
In simple terms: Cutting taxes may boost jobs.
Key Takeaway
Consider tax policy impacts on employment.
Themes
economics
tax policy
employment
small business
Mood
analytical
optimistic
Type
policy
economic
When to use this quote
- policy debate
- business planning
- government budgeting
- job seekers
Key Concepts
fiscal incentives
labor market dynamics
Questions to Reflect On
- How does tax policy affect hiring decisions?
- What other factors influence job growth?
A Different Perspective
Tax cuts may not guarantee hiring if demand is weak.
![“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)
