“I believe, as a matter of principle, that the debt is a problem that must be addressed sooner rather than later. I also know that fundamental changes are necessary in the way Washington spends and taxes if we truly want a healthy economy.” BelieveProblemI BelieveEconomyHealthyTaxes Author:Mick Mulvaney
“You can't look at the tax cut on a family until you realized how - how much better off they're going to be in a growing economy.” EconomyCuttingTaxes Author:Mick Mulvaney
“Thing we're trying to add to this is that lower corporate tax rates as we try and spur the economy. So that's where the Donald Trump attention is. The president's attention is on the middle class, making sure that's simple, fair and better. And then on the corporate tax rate, to try and get folks to invest in America again. His focus has not been on the impact on the top 1 percent.” TryingSimpleAttentionEconomyFocusTaxesRateMiddle Class Author:Mick Mulvaney
“We need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax reform and tax reductions that you need to get to sustain 3 percent economic growth. We really do believe that the tax code is what's holding back the American economy.” BelieveGrowthEconomyEconomicTaxesCodeEconomic Growth Author:Mick Mulvaney
“The reason we've been growing at 1.8 percent for the last eight, ten years, which is way below the historical average, is in large part because of our tax code. It is important to us to get the biggest, broadest tax reduction, tax cuts, tax reform that we can possibly get because it's the only way we get back to 3 percent growth. That's what's driving all of this, how do you get the American economy back on that historical growth rate of 3 percent and out of these doldrums of 1.8, 1.9 that we had of the previous Barack Obama administration?” ImportantReasonGrowthEconomyCuttingTaxesHistoricalRateDrivingBarackCode Author:Mick Mulvaney
“If we had 3 percent growth, which is what we're trying to get to, what we're at, by the way, right now, we're trying to maintain that 3 percent growth. If we had been at 3 percent growth over the last ten years, the budget very nearly would be balanced in 2017. That's how big a difference it makes when you grow the American economy that additional 1 percent over ten years.” TryingGrowthEconomy Author:Mick Mulvaney
