Bader Qarmout on The Economy
Campaign Website Statements
Jobs
In order to instill confidence and help the private sector create jobs we need to not only repeal Menendez/Obamacare, but also lower the corporate tax rate to 15% for 5 years, and then vote to renew it for 3 years or raise it to 20% permanently (down from the current 35% highest in the world). We must also allow American companies to repatriate their foreign profits at zero percent in exchange for 5% of the amount to be spent on new hires and/or capital improvements thus create thousands of jobs. We need to have a discussion on government regulations. We need basic protections and safety regulations but I believe that environmental over regulation, the oppressive tax code, and the current healthcare reform make it impossible to operate competitively in the USA.