Bloomberg:
Representative Michele Bachmann, a Minnesota Republican planning to seek the party’s presidential nomination, said she would stoke U.S. economic growth by cutting taxes on corporate income and capital gains and considering elimination of the minimum wage.
Corporate tax rates should be significantly reduced from a maximum 35 percent and capital gains taxes should be eliminated, Bachmann said in an interview on CBS’s “Face the Nation” today. Congress should also reevaluate the federal minimum wage of $7.25 per hour, she said.
“Whatever it takes, that’s what we need to do for job creation,” said Bachmann. She said President Barack Obama “doesn’t seem to have an understanding of how to do the job.”
Really? Bachmann thinks she knows how to do the job of President???? Ha!
Bachmann must live in the clouds. There are people in this country who have to survive on $7.25/hour, pay rent, gas up the car, clothe the family, pay utilities, go to the doctor, and eat. If the minimum wage was lowered to allow bosses to pay whatever they wish, there would be more people homeless, begging for food. Bachmann just doesn't seem to care.
