Rubio: ‘Tax Increases Will Not Solve Our $16 Trillion Debt’
In this week’s Republican address, Florida senator Marco Rubio suggests there are much bigger problems than marginal tax hikes, which President Obama strongly supports.
“Americans are struggling to find or keep middle class jobs for two reasons: because our economy is not creating enough of these jobs and because too many of our people don’t have the education or skills required for the jobs that are being created,” says Rubio. “A limited government can and must help solve these challenges.
“We must get the national debt under control. Tax increases will not solve our $16 trillion debt. Only economic growth and a reform of entitlement programs will help control the debt.
“We must reform our complicated, uncertain, job-killing tax code, by getting rid of unjustified loopholes. But our goal should be to generate new revenue by creating new taxpayers, not new taxes.