Democrat Tim Ryan (OH) is on board with Trump's 15% corporate tax rate proposal

By Robert Laurie —— Bio and Archives July 27, 2017

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Currently, the United States “enjoys” a 39.1% corporate tax rate - the third highest corporate tax rate on Earth, and the highest in the Western world. Donald Trump has announced that he’d like to see that burden cut to 15%. Personally, I’d like to see it dropped to zero - or at least tied with Ireland’s 12% - but I’ll take what I can get.  Already, Dems are pushing for something closer to 25-30%.

Given the incredible weakness displayed by congressional Republicans on ObamaCare, I’m forced to wonder if we’ll see any cut at all. The way things are going the GOP might decide to raise it.

Republicans may be terrified to support their own principles, but at least one Democrat is on board with Donald Trump’s 15% plan.

Meet Congressman Tim Ryan, (D-OH). He said the following during an interview with Fox Business host Neil Cavuto:

“If he’s looking for Democratic support from guys like me, you need tax simplification. The code is way too complicated at this point. It’s too hard for businesses. I think it’s too much of a burden on smaller businesses. I would support a reduction of the corporate tax rate, so that those small businesses could have an opportunity - “

Cavuto interjected, asking “Would you be for them getting as low as the president wants to get them, to 15 percent?”

“Yeah, I think that’s an appropriate number. Yeah. ...Look, in places like Youngstown and Akron, Ohio, we need investors. We need people to make investments in our community to hire the workers that we all talk about so much and you can’t love the employee and hate the employer. So you need to keep business taxes low - you need to keep the code simplified.”

Ryan then went on to give a pretty solid answer that should be clear to anyone who sat through Econ 101, but seems to be impossible for most Dems to comprehend.

“You need to keep business taxes low. You need to keep the codes simplified. And then as people make money and as really high-end people start to make money - top one percent, top one half of the top one percent, top one tenth of the top one percent - then we should capture that money as it comes in as income. But let’s keep business taxes simple and low, allow for growth, innovation, entrepreneurship, and figure out ways to steer it to areas that are not Silicon Valley or Wall Street, to make sure that we can grow jobs in the industrial midwest.”

Here’s the clip:

This is about as close to “not crazy” as I’ve heard any modern Democrat get.  Bravo!