Marchand: That is correct.
Q: Gov. Sununu prioritizes new businesses; do you?
Marchand: The policies Gov. Sununu has pursued to grow the economy, largely run 180 degrees from what the data tell us we should be doing if we actually want to create jobs and see economic growth. For example, Sununu and the Republican legislature want to cut the Business Profits Tax. Most new businesses lose money at the beginning. When we cut the Business Profits Tax, we downshift costs from the state level to the town level. If [instead] you focus on cutting the Business Enterprise Tax and local property taxes, you will be directly and positively impacting the segment of economy where 80% of net new job growth comes to fruition. The data tells me that focusing on the Business Enterprise Tax and on reducing local property taxes is the winning formula for tax reform that will lead to job creation and economic growth.
Ayotte: No. Signed Americans for Tax Reform Pledge to oppose "any and all" tax increases to raise revenue.
Hassan: Yes. Close tax loopholes and ask wealthiest businesses and individuals to "pay their fair share."
He doesn't favor casino gambling, a perennial State House issue that some lawmakers and Hassan have promoted as a way to raise state revenue. "The market is saturated," he said. "Maybe 20 years ago, 15 years ago, 10 years ago, but now it doesn't make sense."
HUNTSMAN: We've got to earn our way forward. There's no question about it. Governors learn how to pay the bills. In order to pay the bills, you've got to expand your economic base. And that's a problem we have in the US right now. We read about the jobs that have ticked upward in this country and we're all very happy about that. We're providing people more in the way of real opportunity. But think of where this country would be, if during the first two years of Barack Obama you had had a different president. I would have ripped open the tax code and I would have done what Simpson-Bowles recommended. I would have cleaned out all of the loopholes and the deductions that weigh down this country to the tune of $1.1 trillion. We've got a corrupt tax code. So you've got to say, how are we going to pay for it? We've got to stimulate some confidence in the creative class in this country. Right now they're sitting on their hands.
Q: [to Santorum]: How would you raise the kind of revenues called for in the Simpson-Bowles Commission?
SANTORUM: Our plan puts together a package that focuses on simplifying the tax code and I agree with Gov. Huntsman on that. Five deductions: Health care, housing, pensions, children and charities. Everything else goes. We focus on the pillars that have broad consensus of this country in the important sectors of our economy, including our children. The other side is the corporate side. Cut it in half, to 17.5%. But I do something different than anybody else. I'm very worried about a sector of our economy that has been under fire. I come from southwestern Pennsylvania, the heart of the steel country, the heart of manufacturing. And it's been devastated because we are uncompetitive.
A: Eight years ago when George Bush stole the election, this nation had a huge revenue surplus on the horizon. A surplus that could have fixed Social Security and Medicare, paid off the national debt, and provided health care to every American. A beautiful future was before us but George Bush threw it all in the toilet with tax cuts for his rich friends and a misguided war that's draining our treasury and exhausting our military. We now have a government that listens to our phone calls, reads our emails, and monitors our bank accounts. These are things that need to change.
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