The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.
The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity.
If you increase the sales tax... everybody would be taxed.
We have reduced sales tax on food. Now we want it eliminated.
Our economy works really well without an income or a sales tax.
Many states rely on sales tax as their principle source of revenue and do not have a State income tax.
My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
A tax on capital is self-defeating, in that it slows down capital accumulation, investment and economic growth.
It should be mandatory that any tax breaks go through appropriate committees and be voted on separately by both the House of Representatives and the Senate.
But what is striking about this, in a town that often talks about tax cuts, we could quite easily, Republicans and Democrats working together, do something that everybody in America desires, and that is a simplification of our Tax Code.
I have seen the face of this country change in 25 years or 30 years. I have seen a equalization begin to develop - in inheritance laws, tax laws, laws for favoring trade unions, protecting them, and so forth. All these are social changes.
Over the years, the tax code has become a vehicle for political favoritism and social engineering.
In Indiana, which has been hard hit by manufacturing losses, job declines, and shrinking wages, Governor Pence combined tax cuts with spending restraint to spur the Hoosier economy.
The Irish move to a very low corporation tax has generated very significant revenue growth, considerably in excess of Britain's, where a slower economy has been combined with a number of stealth taxes.
We have a responsibility to be responsible stewards of tax dollars.
Actually, I'm a strong supporter of comprehensive tax reform.
We should be forced to give so many exemptions and concessions (inevitably to the benefit of high spending authorities in Inner London) that the flat-rate poll tax would rapidly become a surrogate income tax.
Don't allow politically connected folks to get their particular tax breaks.
I have fought so heavily against corporate tax breaks, especially because I've seen our schools in Detroit close down.
The critical thing is that we have to reduce the tax burden.
