A Quote by Barack Obama

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.
I think that taxes would be fair if we first get rid of the tax code. This is the ultimate solution, not to just say we're going to trim around the edges, not to say that we will try to simplify a little of this and a little of that. The problem is, replace the tax code, so we can establish tax fairness for everybody.
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
When we`re done simplifying the tax code, getting the lobbyist carve outs our of the tax code, lowering our rates and letting people have a simple system, most Americans will be able to fill out their taxes on a postcard.
We need to enact fundamental tax reform. The weight and complexity of our 73,000-page tax code are crushing everyday Americans. We need to radically simplify the tax code so that we can re-start the real engine of growth in our economy. That means our tax code needs to go from 73,000 pages down to about three pages.
The curious thing is Americans don't mind individual mandates when they come in the form of payroll taxes to buy mandatory public insurance. In fact, that's the system we call Social Security and Medicare, and both are so popular politicians dare not touch them.
We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers.
Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.
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.
I am in favor of reforming our tax code. It's over-burdensome. It's complex. It's unfair. But the one thing that we have to do is make sure that all Americans receive a tax cut.
There's such a wide variation in tax systems around the world, it's difficult to imagine a harmonized CO2 tax that every country agrees to. That's not in the cards in the near term. But the countries that are doing the best job, like Sweden, are already doing both of these. I think that eventually we'll use both of them but we need to get started right away and the cap-and-trade is a proven and effective tool.
We need to simplify the tax code to reward Americans for working hard, investing, saving - and allow families to keep more of their own money.
Taxes are like abortion, and not just because both are grotesque procedures supported by Democrats. You're for them or against them. Taxes go up or down; government raises taxes or lowers them. But Democrats will not let the words 'abortion' or 'tax hikes' pass their lips.
Taxes are like abortion, and not just because both are grotesque procedures supported by Democrats. You're for them or against them. Taxes go up or down; government raises taxes or lowers them. But Democrats will not let the words "abortion" or "tax hikes" pass their lips.
I think we need to simplify our tax code, but not as a way of generating revenue, as a way of making our tax code more growth- friendly.
We need to simplify our tax code. We need to make sure that it's not too cumbersome for people to be able to comply with. And that they don't end up spending more money trying to file their taxes than they do actually paying in.
President Bush says he now wants to simplify the tax code. Only those in the blue states will pay.
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