TRUMP: I'm going to be bringing back jobs from China, from Japan, from India, from Brazil. This is going on at a level that you have never seen before. We now have corporate inversions, where companies are moving out of the United States. And they will be moving out in big numbers if we don't do something quickly. And my plan stops all of that.
Q: So, you want to close the loopholes for tax havens?
TRUMP: And I want to bring back trillions of dollars that is stuck in other countries that we won't let back in because we don't have intelligent people running our country.
Q: What about other loopholes on the personal side? Mortgage interest stays in there? Charitable giving?
TRUMP: That's right. Mortgage interest deduction would stay, absolutely. Carried interest, though, would not stay. One of the ways that the hedge fund guys who make a lot of money pay very little tax, the carried interest deduction. I'm knocking that out.
TRUMP: Well, I think what they should do is use the debt limit as a strong negotiating tool to make other changes and to cut costs elsewhere. The Republicans don't know how to negotiate.
Q: But let me ask you about that question of the debt ceiling. Do you think that, if it's breached, that that is an economic problem, leaving aside the question of negotiation?
TRUMP: Well, I don't want to say. And I'll tell you why. We should use it as negotiation. And the problem we have in this country is that we're so predictable.
CARSON: If I were in charge right now, I would not cause us to default on that. But what I would say is, this is the last time that's happening. And we would tie the raising of that debt limit to some very significant actions, so that we're not here again next year, because, as you know, this is something that happens year after year. We always get right up to the deadline. Now it's do or die, and you're forced to do it. And that's a stupid way to run the government.
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| 2016 Presidential contenders on Budget & Economy: | |||
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Republicans:
Sen.Ted Cruz(TX) Carly Fiorina(CA) Gov.John Kasich(OH) Sen.Marco Rubio(FL) Donald Trump(NY) |
Democrats:
Secy.Hillary Clinton(NY) Sen.Bernie Sanders(VT) 2016 Third Party Candidates: Roseanne Barr(PF-HI) Robert Steele(L-NY) Dr.Jill Stein(G,MA) | ||
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