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Tax reform is taking the taxes off things that have been taxed in the past and putting taxes on things that haven't been taxed before.
The important thing about tax reform is you make the tax code less complicated, easier for people to understand.
The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.
What we need is fundamental tax reform.
A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.
Russell B. Long
Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.
Andrew Ross Sorkin
A balanced program for tax reform based upon the common sense idea of lowering taxes out of surplus revenues.
Rather than passing a thousand pages of tax reform legislation and restarting the tax code manipulation process, we should change the paradigm. It is time to eliminate the IRS and repeal the 16th Amendment.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'
Russell B. Long
I'm for tax reform, not tax increases.
We all want a simpler code, but tax reform is about much more. It is about ensuring that everyone pays their fair share. The tax code is also used to promote behavior that we as a nation support, such as home ownership or charitable contributions.
Charles B. Rangel
I would go to them and I would explain this is the price of going forward. We're going to move ahead in all these other areas. We're moving ahead in tax reform and GST, we are moving ahead on trade, but this will not be done at the cost of the environment.
I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.
Why is it that half of the households in America pay zero income tax? We need some real tax reform.
It's not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It's because our system is set up to block tax reform.
I'm not feeling undertaxed. Tax reform is an important issue. You have to have an inherent sense of fairness.
Stephen A. Schwarzman
We pursued the wrong policies. George Bush is not on the ballot. Bill Clinton is not on the ballot. Mitt Romney is on the ballot, and Barack Obama is on the ballot. And Mitt Romney is proposing tax reform, regulatory reform, a wise budget strategy and trade. The president has proposed tax increases.
We need to stop kicking the can down the road and rethink our entire tax system toward long-term, comprehensive tax reform.
Americans for Tax Reform is a national taxpayer organization dedicated to opposing any and all tax increases. We work at the national, state and local level for lower taxes, less government spending and limited government.
What I heard was that Bush is now positioned to have victory after victory. He'll have Social Security reform passed, that he'll have tax reform passed, that he'll have conservative judges on the courts.
If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.
The tax issue is the most powerful issue in American politics going back to the Tea Party. People say, 'Oh, Grover Norquist has power.' No. Grover Norquist and Americans for Tax Reform focus on the tax issue. The tax issue is a powerful issue.
To introduce a whole new tax regime, that would be modern tax reform. But that's too big a task.
Tax reform is a once-in-a-generation opportunity.
I wish that the Democrats would put some effort into Social Security reform, illegal immigration's reform, tax reform, or some of the other real issues that are out there.
Martin Luther King, Jr.
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