good afternoon. i'm the president and ceo of pda drywall. we are based in raleigh, north carolina. one of the biggest setbacks in the last 12 years has been tax regulations. as we are embarking on tax forms discussions, what are you going to do for small businesses to help change those regulations in favor of small businesses?
many of the same things we have been discussing,comprehensive tax reform. mr. gary co. in the here has beenspearheading this charge at the white house. you can definitely pick his brain about tax reform. it is high on his mind these days.lowering the corporate rate, encouraging business to grow,encouraging businesses based here to stay here, bring theircapital back that has been trapped overseas will have anenormously positive impact within our country and free updollars that can be reinvested. in conjunction with regulatoryreform, we have come out of the gate swinging. it's a major focus. my father's particular sensitivity to this issue is havingbeen a successful person in business himself. he understands thelimitations, whether businesses he was looking to buy or grow, dealing with suppliers and smaller businesses that services companies. he very much understands how the regulatory environment, while important has grown to a place where it is the unintended consequences is stifling entrepreneurial spirit. we are going to bring that back. we have started doing it. tax reform is going to be incredibly important for every american. we are optimistic about those things. and continued progress.
i would like to add, small businesses will say to me any tax reduction will be great. just let me know what it is. what is going to be my percentage. tell me what the rate is going to be so i can plan. without fail, every single one of those businesses tell me they will take that money and reinvest it in their business and hire more people. that will grow our economy. we will see that growth when we see tax rates go down. especially those in thellcs, all that money flows through. you know exactly how that works. we are working on it.