Issue Position: Restoring Economic Freedom and Jobs

Statement

The current tax system penalizes employers and slows the creation of jobs. The U.S. corporate tax rate is the highest of any developed country in the world. We must reduce this burden on our economy, and return to the free market policies that made the American economy the most innovative and competitive in the world.

Our government must simplify the tax code, must eliminate loopholes that allow some to avoid tax obligations that the rest of us pay, and reduce maximum corporate and individual tax rates, while providing economic incentives to businesses that invest in U.S.-based jobs.

The individual-tax system must be fairer and flatter. If we also control government and reduce its spending, repeal Obamacare, and commit to repairing Social Security, we will balance our budgets and reduce the national debt that threatens our and our children's prosperity. Manufacturing jobs are the foundation of the United States economy. We have the world's strongest, largest and most productive manufacturing economy., which we must preserve and grow.

We need a new approach to regulation in Washington -- one that reduces onerous and pointless rules that hamper businesses, without sacrificing the maintenance of competitive markets, safe work environments, and clean air and water.

We must seek to restore vibrancy and prosperity to the American economy and the American middle class by dismantling destructive concentrations of power -- in banking, in government and in education -- and by ending Communist China's mercantilist trade policy. By allowing American workers and entrepreneurs to compete on a level playing field, we will see how well they perform and how much we all prosper.

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