Ryan Talks Health Care and Tax Reform in Dousman and Mukwonago
MUKWONAGO — This week, First District Congressman Paul Ryan will be holding a series of listening sessions across southern Wisconsin to hear directly from constituents about the important issues facing our nation. Yesterday, Congressman Ryan kicked off his tour with meetings in the Dousman and Mukwonago communities. During the meetings, he shared some of his ideas about how Congress can help create jobs and build a healthy economy. He also took questions on important issues like health care and tax reform.
When asked how we should address Obamacare, Ryan replied:
“We’re basically preparing legislation to make sure, that in states like ours, if Obamacare basically unravels, that we will be able to have a freedom to go out and buy the insurance we want, like we did before Obamacare.
“I don’t think Obamacare is a good law. I think it’s bad for hospitals, bad for doctors, bad for Medicare. It takes money from Medicare to cover the cost of Obamacare. It makes people buy what the government mandates. It’s more expensive than what people traditionally have, and we can do a better job of making sure people who have preexisting conditions get affordable care as well. And we can do that, focused on them, without doing all this to the rest of the country. We believe that there’s a better way to replace Obamacare. We’ll have a chance, possibly, if the Supreme Court rules in favor of the plaintiffs.”
And on tax reform, Congressman Ryan said:
“Right now, a lot of breaks in the tax code are based on who you know versus whether you’re good or bad at what you do in business. So what I want to do is get rid of loopholes so that we get taxes based on your business, not based on who you know or what you do. And to me, we are due for a whole housecleaning on our tax code. . . . I want to get rid of these loopholes so that [we] can lower tax rates for everybody—small businesses, big businesses, families—across the board.
“Because here’s the big problem we’ve got in our economy: We are taxing our businesses, our job creators, at much higher tax rates than our foreign competitors. Canada taxes their businesses at 15 percent. Ireland is 12.5 percent. England is 20 percent. China is 25 percent. The average tax rates on businesses in America are 25 percent. Our corporate rate is 35 percent, and our top individual tax rate, which is what small businesses pay, is as high as 44.6 percent. So we’re taxing ourselves and our businesses at much higher rates than the people who we’re competing with. And we’re losing as a result.
“We need to get rid of the loopholes and lower rates. I think it’s the secret to our success. It needs to be simple and more flat. It needs to be fair, so that it works for everybody, not just the well-connected. It needs to put American job creators, American businesses at a level playing field with the people we compete with around the world. And that’s why you’ve got to lower tax rates.”
To see the full schedule for listening sessions, click here.