Tags: Rand Paul | Sen. Rand Paul | Congress | President Donald Trump | tax reform | Obamacare

Rand Paul: Congress Needs to Be the 'Boldest We Can' on Tax Reform

Rand Paul: Congress Needs to Be the 'Boldest We Can' on Tax Reform
Sen. Rand Paul (AP)

By    |   Sunday, 15 October 2017 06:08 PM

Sen. Rand Paul, R-Ky., said Congress needed to be the "boldest we can" when passing comprehensive tax reform, the Washington Examiner reported Sunday.

"I really think that we've gotta do the most we can and the boldest we can because we need to compete with all these other countries," Paul told reporters. "Everybody's lowering their corporate tax... We really, you know, need to do it. And I think [Trump] wants it to be as big and bold as possible."

Paul said the U.S. corporate tax rate, which would drop from 35 percent to 20 percent under the proposed GOP plan, was still above that other countries charge.

"Some are worried, 'Oh if we do a 20 percent corporate tax,'" Paul said. "My goodness, Ireland is at 12 [percent], thinking about going to 8. You've got Canada at 15."

Paul also said he was "really excited" about President Donald Trump's executive order on healthcare that will allow individuals and small businesses to work together and purchase health insurance across state lines.

"The interesting thing about this is half of the people in our country get their insurance through ERISA [the Employee Retirement Income Security Act] already," Paul said. "So, Amazon, Pepsi, Coke, Microsoft, MGM, big companies all get their insurance across state lines through ERISA plans. Now, we're going to let individuals get the same thing."

Paul made the comments after playing golf with the president at the Trump National Golf Club in Virginia on Sunday. He said Trump won the round of golf.

"The president never loses, didn't you know?" he said. "The president and his partner beat myself and my partner by three holes. He's a little better golfer than I am, admittedly, but we had a good time."

© 2018 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
Sen. Rand Paul, R-Ky., said Congress needed to be the "boldest we can" when passing comprehensive tax reform, the Washington Examiner reported Sunday."I really think that we've gotta do the most we can and the boldest we can because we need to compete with all these other...
Sen. Rand Paul, Congress, President Donald Trump, tax reform, Obamacare
290
2017-08-15
Sunday, 15 October 2017 06:08 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved