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Econ 101 – How Cutting the Corporate Tax Rate Made America Competitive Again

Unleash Prosperity co-founder Steve Moore has been invited by Sen. Mike Lee of Utah to address the 49 Republican Senators at their weekly policy lunch today.

One key message is this: Americans must vigorously defend the Trump tax cut – especially the reduction in the business tax rate from 35% to 21%. Some GOP senators have been foolishly talking about raising the rate – which is the the Left’s plan.

The rate cut was critical in bringing jobs, factories, and capital BACK to the U.S. just as we had projected it would back in 2017.

We will show this chart to the Senators reminding them that prior to the Trump rate cut, America had the highest rate in the world. It was as if we were imposing a tariff on our own made-in-America products.

If we want more jobs on these shores, we should have the lowest tax rates – not the highest ones. This is a matter of economic patriotism.

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