Sen. Rand Paul Advocates Corporate Tax Bill as Top Priority Under GOP-Led Senate
A Republican-controlled Senate should turn first to corporate tax policy if the party takes power in January, Sen. Rand Paul (R., Ky.) said Sunday.
The potential 2016 presidential candidate said the first job of a GOP-controlled Congress should be to pass a bill that invites U.S. corporations to bring profits back to the U.S., a move he said would lead to greater investment here.
We could have a boom like we havent seen in years, Mr. Paul said on CBS 's Face the Nation. We just have to vote on the issue.
He has a bill that would allow corporations to bring overseas assets into the U.S. and pay a 5% tax rate, placing the proceeds in a special fund for transportation infrastructure. Appearing earlier Sunday on CNNs State of the Union, Mr. Paul said he would recommend Kentuckys other Senator, Republican leader Mitch McConnell, take up the bill in January, because the longer you wait after an election, the less your mandate is.
Mr. Paul appeared Sunday on three nationally televised talk shows, a tour that followed visits to more than 30 states this election cycle. He said he wont decide about his presidential ambitions until the spring. Mr. Paul waxed philosophical on the future of the Republican party, reiterating his view that the wind is at the backs of the GOP for Tuesdays elections. But he said its brand needs a makeover that appeals to young and minority voters as well as its base.
If I can get to that young person and talk about the issues, I think Republicans have a chance, but our brand is so broken we cant even break through the wall thats out there, Mr. Paul said on CNN.
Mr. Paul also took a swipe at New Jersey Gov. Chris Christie, another potential GOP presidential contender, when asked about a video this week in which Mr. Christie told a questioner to sit down and shut up.
I think there is a resurgence of people who want a little more civility in discourse, Mr. Paul said on CBS.
Mr. Paul pointed to criminal justice as an area where bipartisan legislation could be passed, for instance by reducing sentences for non-violent drug crimes and allowing non-violent felons to regain their voting rights. He said he doesnt oppose voter-identification laws that critics say target minorities. But he disagreed with Republicans focus on the issue.
I dont think theres a problem with showing your ID, Mr. Paul said on NBCs Meet the Press. I just think its a dumb idea for Republicans to emphasize this and say, Oh this is how we are going to win the elections.
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Sen. Rand Paul Advocates Corporate Tax Bill as Top Priority Under GOP-Led Senate