Over the last week, Paul held employee town halls in Wisconsin’s First District. The first was at WPC Technologies. Some excerpts of Paul’s answers below:
Reforming the tax code:
“The biggest issue we’re working on right now is our tax system. Right now we tax American manufacturers at much higher tax rates than our foreign competitor’s tax theirs. You guys are an LLC so the top tax rate on WPC is 44.6%. So if you have a good year, you’re paying a 44.6% federal tax rate. Guess what the Canadians would be taxing themselves, same kind of company? 15%. The English are 18%. ...