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American business Quote by Paul Ryan

“The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.” quote by Paul Ryan
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“The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.”

Paul Ryan

About This Quote

Source Speech: Tax Reform discussion, 2017

He argues that high corporate taxes drive U.S. companies abroad, harming jobs, and calls for competitive tax rates.

In simple terms: High taxes push companies overseas, costing jobs.

Key Takeaway

Advocate lower corporate tax rates.

Themes

economics policy employment

Mood

analytical concerned

Type

policy economic

When to use this quote

  • Congressional hearings
  • policy debates
  • media interviews

Key Concepts

Tax competitiveness globalization job creation

Questions to Reflect On

  • How can tax policy balance competitiveness and public funding?
  • What alternatives exist to retain jobs?
A Different Perspective

Lower taxes may reduce revenue for public services.

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