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Reform & Growth Plan | Jeb Bush
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Reform & Growth Plan | Jeb Bush
Reform & Growth Plan | Jeb Bush
5.7s
Two otherwise identical taxpayers could have totally different tax bills, because of all the deductions, and credits, and exclusions
Reform & Growth Plan | Jeb Bush
5.6s
that apply to some but not to all. It’s a tax code that only an army of accountants and
Reform & Growth Plan | Jeb Bush
6.7s
lobbyists would love, because they’ve written it. It’s full of special favors, carve-outs,
Reform & Growth Plan | Jeb Bush
4.8s
phase-outs and subsidies – that we all pay for, one way or another.
Reform & Growth Plan | Jeb Bush
4.4s
And of all the terrible things that can be said about our tax code – and I can think of
Reform & Growth Plan | Jeb Bush
7s
a few – the worst is probably this: It punishes people for doing things we should encourage
Reform & Growth Plan | Jeb Bush
6.9s
and rewards people for doing things that may not be so good. It taxes paychecks hard but
Reform & Growth Plan | Jeb Bush
5.4s
gives companies a write-off for debt. The current tax code makes it easier to borrow
Reform & Growth Plan | Jeb Bush
6.5s
than to build. And I believe it’s time we build for the future, not borrow from it – so
Reform & Growth Plan | Jeb Bush
5s
today I am here today to explain how I want to fix a broken tax code.
Reform & Growth Plan | Jeb Bush
5.4s
My plan works whether you’re on Main Street or Wall Street. No special favors. No special
Reform & Growth Plan | Jeb Bush
5.8s
breaks. Fixing the tax code will take constant attention and effort. And I know what that
Reform & Growth Plan | Jeb Bush
6.9s
requires. Because I did it when I was governor of Florida. When I was governor, we cut taxes every year I was in office, totaling
Reform & Growth Plan | Jeb Bush
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19 billion dollars, and to remind everybody, we didn’t have an income tax, so it had to be pretty committed to make sure we kind-of cut those taxes.
Reform & Growth Plan | Jeb Bush
7.5s
We were one of two states to see our credit rating go up to Triple A during my time. Compare that to the sorry state of affairs
Reform & Growth Plan | Jeb Bush
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in Washington D.C., where we sadly have seen a downgrade. And our economy blossomed. It grew by
Reform & Growth Plan | Jeb Bush
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4.4% per year during my 8 years. Florida created 1.3 million new jobs. We led the nation in small business creation.
Reform & Growth Plan | Jeb Bush
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And household incomes rose 1,300 dollars a year by the end of the time, where people could make decisions about their own lives.
Reform & Growth Plan | Jeb Bush
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That prosperity was shared and there was less people living in poverty because we created a climate of high sustained
Reform & Growth Plan | Jeb Bush
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economic growth. That is a record I want to bring to Washington D.C. And it can be repeated.
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Reform & Growth Plan | Jeb Bush