ICYMI: Senator David Perdue Discusses Tax Priorities With Hugh Hewitt
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) joined The Hugh Hewitt Show to discuss President Trump’s efforts to overhaul the tax code to help middle-class families and make America more competitive.
Click here to listen to the interview.
Compete Globally: “President Trump is trying to focus on competitiveness, and that’s what we’ve taken for granted for all these years. We’ve got to get the corporate rate down to 15 to 20% because the rest of the world averages 22%. We’ve got to become competitive with the rest of the world.”
Lower Rates: “I’m a business guy, so I’m looking at corporate tax reduction and particularly at small businesses. More than two-thirds of people in America believe that small businesses should have a lower tax rate.”
Bring Profits Home: “We need to get rid of the repatriation tax. This is where U.S. companies and individuals have profits overseas and they get double taxed. That’s a tax on American workers. What we’ve got to do is get rid of it.”
No Excuses: “As an outside guy, I can tell you that all this financial modeling in Washington – they call it ‘scoring’ – has nothing to do with the reality.”
Produce Results: “Some of us in the Senate are pushing leadership to turn the Senate on 24-hours a day, let’s stay here over the weekend because we’ve still got nominations too. The Republicans have been given a probation period to get something done this year and next year.”
Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.
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