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Ryan Speaks at Local Employee Town Halls

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August 08, 2016 | Ian Martorana (202-225-3031) | comments

Today, Wisconsin’s First District congressman and speaker of the House, Paul Ryan, visited local businesses to speak with employees in southern Wisconsin. Excerpts of Congressman Ryan’s answers to employees’ questions follow:

Discussing A Better Way, the House Republican Agenda:

“If you don’t like the direction the country is going . . . then don’t just complain about it. . . . So what we’re trying to do is show our solutions. And if you take a look at our agenda that we’re putting out there . . . it’s called A Better Way. We spent this year basically building an agenda in Congress, going out and doing town hall meetings, visiting with manufacturers and employers, listening to employees, [and] listening to our constituents. And looking at all the best ideas from every corner and putting [out] an agenda on the key things that are confronting our country.”

Reforming the tax code:

“So you’ve got lots of different loopholes in the tax code. What happens in the [current] tax code is . . . more special-interest carve-outs for a specific group or industry means less income is subject to taxation and you have to have higher rates on everybody. Close up the loopholes and you can lower tax rates on everybody.”

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“If we actually give businesses the incentive to expand domestically, to buy more machines, to buy more buildings . . . they’ll put more people to work and that will increase the economy. So there are some things we do that we think will give us better economic growth. Either we stick with the current code, [and] it is the worst one in the industrialized world . . . which says, ‘You send your money to Washington and then if you engage in some kind of activity or behavior that Washington approves of, they’ll let you have some of your money back after you do that.’ That’s the current thinking in the tax code. Our thinking is, ‘No, let’s reject that. Let’s stop that and just lower the rates and you keep [your money] in the first place; you decide what you want to do with your money, whether you’re a family or a business.’ [If] you do that, and you’ll have fast economic growth; you’ll have less tampering with the tax code . . . and as a result, I would strongly argue you’ll have faster economic growth.”

 

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