Tuesday, February 4, 2014

Senator Cruz talks economics and politics

If we could reform the tax system to decrease compliance costs, it would produce economic growth, argues Senator Ted Cruz in his discussion with the SA to DC delegation on February 4. More than 110 business leaders from San Antonio were in Washington delivering the business community's legislative priorities to our elected officials.

"We host a lot of small business focus groups and we will go around the table and I ask them to share an issue that is weighing on their heart," Senator Cruz said. He reported that he is hearing that Obamacare, is one of the concerns he hears the most.  "I believe the most important regulatory change we can accomplish is to repeal every word of Obamacare," he said. "I've not been shy about that."

Senator Cruz also said he would like to move "as close as possible to a simple flat tax." This, he said would be something that would be so easy that citizens could fill out their taxes on a postcard that is simple, fair and understandable. He acknowledged that tax reform is not impossible with two parties in leadership, but noted that during the Reagan administration, bipartisan tax reform happened and it helped the economy to improve significantly. With economic growth, we can address our problems in the country. For these reasons, Senator Cruz said his office is focused on economic growth.

Watch the entire video here>>>

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