A Quote by Jeb Hensarling

Nothing says 'economic growth' like fundamental tax reform. — © Jeb Hensarling
Nothing says 'economic growth' like fundamental tax reform.
Every time we've had a pro-growth fundamental tax reform, be it under President Reagan, President Kennedy - you can even go all the way back to President Coolidge - we have seen paychecks increase, economic growth be ignited, and, actually, more revenues come into the government.
Getting the budget balanced, regulatory reform, tax reform - I think these lead to economic growth.
We need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax reform and tax reductions that you need to get to sustain 3 percent economic growth. We really do believe that the tax code is what's holding back the American economy.
Our broken tax code is one of the main reasons the United States lags behind when it comes to economic growth, job creation, and competitiveness. Without pro-growth tax reform, our workers and our businesses will continue to suffer.
You've got to have tax reform to get faster economic growth. Faster economic growth is necessary for us to get our debt under control.
Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.
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.
I think tax reform is the single most important thing we can do in this country to unleash economic energy. It's going to unleash growth.
America's tax code is beyond repair. Tinkering with it won't work. The only hope is a bold tax-reform plan that will liberate our nation from the slow-growth status quo and jump-start a new era of American prosperity and growth.
A lack of reform - particularly in international tax - has hurt our ability to compete in a global economy by keeping U.S. corporate cash overseas and reducing domestic investment, slowing economic growth.
Members of Congress who want to get things done, they need partners who want to move the ball forward on big issues like fundamental tax reform, on regulatory reform, on putting together a replacement package for Obamacare.
When Mitt Romney says he wants to reform the tax code, hold on to your wallets. We know Mitt Romney never met a tax haven he didn't like. But his new favorite tax haven is actually not the Cayman Islands - its Paul Ryan's budget.
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.
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.
We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.
I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.
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