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But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.
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No community values entrepreneurship and small business more than the Hispanic community.
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I traveled the state of Florida for two years campaigning. I have never met a job creator who told me that they were waiting for the next tax increase before they started growing their business. I've never met a single job creator who's ever said to me I can't wait until government raises taxes again so I can go out and create a job.
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You know who a complicated tax code kills? The guy or gal trying to start a business out of the spare bedroom of their home. So we've got to simplify our tax code.
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Americans chose a free enterprise system designed to provide a quality of opportunity, not compel a quality of results. And that is why this is only place in the world where you can open up a business in the spare bedroom of your home.