I hope people understand that when you tax corporations that the concrete and the steel and the plastic don't pay. People pay. And so when you tax corporations, either the employees are going to pay or the shareholders are going to pay or the customers are going to pay. And so corporations are people.
There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the economy.'
And this President wakes up every morning, looks out across America and is proud to announce, 'It could be worse.' It could be worse? Is that what it means to be an American? It could be worse? Of course not. What defines us as Americans is our unwavering conviction that we know it must be better.
The American people I talk to don't spend every moment thinking, 'How can I tax my neighbor more than they're being taxed?' They say, 'How can I get a good job? How can my kids get good jobs? How can seniors have a confidence in their future when they know that Social Security, Medicare and Medicaid are bankrupt?'
I spent my whole life in the private sector, 25 years in the private sector. I understand that when government takes more money out of the hands of people, it makes it more difficult for them to buy things. If they can't buy things, the economy doesn't grow. If the economy doesn't grow, we don't put Americans to work.
Our worldly successes cannot be guaranteed, but our ability to achieve spiritual success is entirely up to us, thanks to the grace of God. The best advice I know is to give is to give those worldly things your best but never your all - reserve the ultimate hope for the only one who can grant it.