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On rejecting a wealth tax:
“A wealth tax is just a terrible idea… If we want more revenues, we’ve got to figure out how to incentivize [growth].”
On capital gains and economic growth:
“When you lower the capital gains tax, the revenues went up. When you increase the capital gains tax, the revenue went down... If we want to have more revenue, then you probably want to have a lower rate.”
On encouraging investment and job creation:
“The long view is that the capital gains tax that is realized is reinvested in the economy, creating more jobs. So, if we’re really concerned about labor, the question is who creates more jobs.”
On responsible federal spending:
“A wealth tax is not the answer that we need. What we need is to examine where we’re spending money and what the federal responsibilities are.”
On bipartisan results in Congress:
“We’ve done it before, and we can do it again. It takes strong leadership, and it proves this Congress and this Senate can work in a bipartisan fashion.”
On the Senate Banking Committee’s bipartisan record:
“We’ve done the same thing on the Banking Committee. We’ve had a housing bill pass 24-0, fentanyl [legislation] 22-0. We’ve seen the kind of success the American people can celebrate if we talk about it.”
On protecting low-income Americans:
“Coming from a single-parent household in poverty, the one thing I can tell you is I care a lot about how we treat the poorest Americans.”
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