The Club For Growth Still Likes Fred

The Club for Growth has released another statement praising Fred's economic positions. In this case it is for his call for reducing tax rates on corporations:

The Club for Growth applauds Fred Thompson’s proposal to cut the top corporate tax rate from the current rate of 35% to 28%. Thompson deserves special kudos for ruling out a Charlie Rangel-like plan that would cut the corporate tax rate while raising other taxes.

“The United States has one of the most burdensome corporate tax structures in the world and the second highest rate in the industrialized world,” said Club for Growth President Pat Toomey. “We congratulate Fred Thompson for being the first Republican presidential candidate to propose a specific corporate tax cut and for recognizing the importance of lower taxes in promoting economic growth in this country. We look forward to hearing the details of his plan and encourage all the other candidates—Democrat and Republican—to join him in keeping American businesses competitive in the global marketplace.”