Moviemakers are rewarded with tax write-offs if, when seeking a location that looks like America, they seek it in America.
A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.
My goal in getting rid of tax loopholes is not to raise taxes. Our problem in Washington, D.C. is not a revenue problem, it is a spending problem.
Closing tax loopholes has to be part of the revenue equation.
Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
Magna Carta and the Civil War were about the power to tax.
And my response is 70,000 people in the state of Maine that paid income tax in 2011 will not be paying income tax in 2012.
Nobody should be allowed to fund political parties unless they pay at least 30% tax on all income above the median wage. If that rule applied, the Tory party would be bankrupted overnight.
When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it - after the 16th Amendment is repealed.
Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.
The middle class should not continue to foot the bill for tax breaks for millionaires and billionaires.
The linkage between tax rates and public services is, if not non-existent, negative.
The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.
I've voted in some cases to remove and reduce tax breaks for the oil industry in other cases I've voted not to because I felt that the proposals covered too much.
I'm working alongside the White House and other members in the House to lessen the tax burden that currently weighs on so many Oklahomans.
There is an old adage that the quickest way to drop your tax take is to increase taxes. If capital gains tax is going to be 50 percent, my contingent capital gains tax is going to be 250 million pounds.
When you compare the relatively modest tax that will ensue from prohibiting companies from receiving a subsidy and deducting that subsidy, the benefits dramatically outweigh the costs.
Oxfam believes that any global talks to reform tax rules must include all countries, including the poorest.
Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.
