“‘Taxes’ are just the name for the price that government charges for their services,” he told Glenn Beck in an interview that aired Thursday. “And when you raise your prices, people buy less of your service, and that includes the government. So they’ve made it really uncompetitive for multinational companies to stay.”
The two were discussing the increasing number of businesses leaving America for lower costsabroad.
“Our corporate tax rates are basically 40 percent, federal and state, and we’re up against people who are taxing at 15 percent,” he said. “It’s just natural — you raise the price of something, people buy less of it.”