Rand Paul: Congress needs to be 'the boldest we can' with tax reform to compete with other countries

Via Billy

Sen. Rand Paul called on Congress Sunday to be bold when it comes to drafting and passing comprehensive tax reform.

"I really think that we've gotta do the most we can and the boldest we can because we need to compete with all these other countries," Paul said to reporters after golfing with President Trump.

"Everybody's lowering their corporate tax ... We really, you know, need to do it. And I think [Trump] wants it to be as big and bold as possible."

Paul said it was feasible to lower the U.S. corporate tax rate of 35 percent to 20 percent, as laid out by the GOP's reform plan, because it had worked in other jurisdictions.

"Some are worried, 'Oh if we do a 20 percent corporate tax,'" Paul said. "My goodness, Ireland is at 12 [percent], thinking about going to 8. You've got Canada at 15."
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