Rand Paul Pushes for Tax Breaks to Help Detroit

By: Associated Press
By: Associated Press

U.S. Sen. Rand Paul says the best way to confront poverty and unemployment in struggling cities like Detroit, is to lower taxes to encourage growth.

DETROIT (AP) -- U.S. Sen. Rand Paul says the best way to confront poverty and unemployment in struggling cities like Detroit, is to lower taxes to encourage growth.

The Kentucky Republican tells Detroit business and community leaders that cutting corporate, payroll, and income taxes, would put more money "in the hands of those who earn it." He spoke Friday at the Detroit Economic Club.

He points to his bill calling for "economic freedom zones." He wants a flat tax of 5 percent in certain neighborhoods.

Paul is a tea party champion and potential Republican presidential candidate whose philosophy includes reducing federal spending and lowering taxes.

A federal judge this week allowed Detroit to become the largest U.S. city to enter bankruptcy. The city says its debt is $18 billion or more.


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 234798531 - wbko.com/a?a=234798531