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We cannot tickle this economy to prosperity. And so this is why the proposal that we plan to pass is — first, throw out the tax code. Throw it out. And then implement this 9-9-9 plan. 9-9-9.
And one of the reasons that the liberals hate it, and my opponents hate it, is because the people understand it. The people like it. They want to do it. But you see, it would change Washington, DC. What are all those lobbyists going to do when we pass 9-9-9? They’re going to get one of those shovel-ready jobs that Obama promised them.
Maybe by then, they will have found them.
Because it is the tax code that ties Washington, DC up in knots, which is holding this nation back. Now, there are some additional benefits to 9-9-9 that you don’t hear the mainstream media talking about. It’s going to help level the playing field between products and goods produced here in the United States to better compete with goods around the world.
Why? In the first 9, you take your sales as a business person and you subtract your purchases that help you to produce the product. You subtract capital expenditures. No depreciation in the year that you spend it. What a novel idea. And you subtract net exports. In other words, you do not put a tax in the product before you send it overseas to sell it. You don’t put embedded taxes in it. And therefore, our products, goods and services will compete better with the rest of the world.
And then, when people criticize it because of the sales tax component, what many have not understood yet is that the embedded taxes aren’t in that loaf of bread anymore. Economists have estimated that everything we buy, everything we buy, has at least 30 percent embedded taxes. At least 30 to 50 percent embedded taxes. And so we take out the embedded taxes that are invisible, and we put in a visible 9 percent.
One of the other criticisms about 9-9-9 is — well, what’s to prevent 9-9-9 from becoming 18-18-18? Well, tax structures don’t raise taxes. Politicians do. And if the people can see it, they’re going to hold the politicians’ feet to the ground. Today, with the current tax code of 82,000 pages, it is filled with opportunities for sneak attaxes. One you never see.
And you don’t know you’ve been bitten until after you’ve been bitten. Filled with sneak attaxes.
And so the tax code is at the heart of preventing our economic growth, which is adding to the uncertainty hanging over this economy. Businesspeople would normally be having meetings, talking about how they’re going to grow the business. For the last three years, the boardroom chatter turned into how do we survive, because of all of the uncertainty.
So I’m optimistic that we can win this war for freedom and liberty and the pursuit of happiness. Because if I were not confident that we can win this war, I would not be running for President of the United States of America. This is why I am doing this, because of the grandchildren, not because of cruise control. It’s for the grandkids.
And here’s why I believe we’re going to win this war. It’s that same spirit of America that the Founding Fathers had when they started this great nation. Because that spirit of America has come alive. It’s called we the people are still in charge of this country. Every organization, citizens all over this country — that spirit of America has come alive. It’s that spirit of America that has moved my candidacy up in the polls.
And yes, they are trying to destroy me. It was Brent Bozell — who I know you know — and Newt Gingrich, who told me that my candidacy is going to go through five phases. And they’re right. Phase one — they ignore you. They did. Phase two — they ridicule you. They did. Charles Krauthammer, who I have the greatest amount of respect for — he’s one of the best thinkers on TV — said that my campaign was entertainment, as one example. Third phase — then they try to destroy you. They are in the process of trying to do that right now. And in the fourth phase, they accept you, if you survive not getting destroyed. They will accept you.
And then Newt said — well, Herman, there’s this fifth phase. I said — what is it? He said — then everybody is your friend because they thought you were going to get there anyway.
That’s the fifth phase — I knew he could do it all along.
And so that’s where we are.
But I’m optimistic because of the spirit of America. As I travel around the country and listen to people, and talk to people, and give speeches — I don’t just give speeches and not listen — the message is consistent. There is a disconnect between what’s happening in Washington, DC with the political class and the real people out there. And what the real people are saying is that we want our country back. In Washington, DC I’m reminded that I have never held high public office before. When I talk to the folk, they love the fact that I have never held high public office.
They love it.
And so, my message to you is very simple. I challenge you to do what you can do, in this very brief minute we have, to take this country back. My father lived to be 56 years of age. My maternal grandfather lived to be 94. My maternal grandmother lived to be 104 years old. But no matter how long you have on this planet, it’s just a minute. A speck. And we have the responsibility to use our time, our talents, and our treasures to make a difference in our minute, while we’re here. Because we’re all put here to make a difference.
Making the decision to run for President was not an easy decision, as you would imagine. Took a lot of prayer, a lot of praying, a lot of prayer and a lot of praying. And this journey for me started 12 years ago, when my first grandchild was born. And I looked in her face. And the first thought that went through my mind was — what do I do to help make this a better world?
I didn’t know the answer then. What do I do to make this a better world and a better nation? Didn’t know the answer. But as my minute continued to unfold, it became clearer as to what I needed to do, and thus made this decision.
And so my challenge to you is for you to do what you can do. As the words to one of my favorite songs say — life can be a challenge. Life can seem impossible. It’s never easy when there’s so much on the line. But you can make a difference. There’s a mission just for you. Just look inside, and you will find just what you can do. Just look inside, and you will find just what you can do.
Ronald Reagan used to describe this nation as a shining city on a hill. But in the last few years, the shining city on a hill has slid down to the side of the hilltop. But here’s what we can do, together. We can move that shining city on a hill back to the top of the hill, where it belongs.
And if you give me the pleasure of being your President, we will move that shining city on a hill back to the top of the hill, where it belongs. We will put “united” back into United States of America. And I will never, ever apologize for the greatness of the United States of America!
God bless you.
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