A Quote by Kevin Brady
Unlike the American inventions and achievements that have expanded horizons of possibility, our nation's tax code has become an excessive burden that strangles individual opportunity and economic freedom.
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Tax reform for the 21st century means rewarding hardworking families by closing unfair loopholes, lowering tax rates across the board, and simplifying the tax code dramatically. It demands reducing the tax burden on American businesses of all sizes so they can keep more of their income to invest in our communities.
The American people need to know that there are folks here fighting as hard as they can for individual liberty, economic freedom, appropriate national security and the fundamental moral values that have made our nation the greatest nation in the history of mankind.
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.
Tax reform is the legislative challenge of a generation for America. It hasn't been accomplished since 1986, when President Reagan and Congress delivered the most sweeping overhaul of our nation's tax code in American history. 2017 is the year to change that and make history of our own.
We have come to world leadership because our people have had the opportunity to develop this nation under a government and a Constitution that gave them political freedom and encouraged initiative, enterprise, responsibility, industry and thrift. Freedom and achievement are not unrelated. This nation has become one of history's finest illustrations of how a people can enrich life and raise their whole level of economic well-being when they are given justice, liberty and incentive.
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.
5: Social security will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1944: The G.I. Bill will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1965: Medicare will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1994: Health care will break small business, become a huge tax burden on our citizens, and bankrupt our country!
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.
In these sacred documents are embodied eternal principles that no man, group of men, or nation has the right to withhold from others. Here is our basis for freedom of individual achievement. Our Constitution with its Bill of Rights guarantees to all our people the greatest freedom ever enjoyed by the people of any great nation. This system guarantees freedom of individual enterprise, freedom to own property, freedom to start one's own business and to operate it according to one's own judgment so long as the enterprise is honorable.
Taxing Women is a must-have primer for any woman who wants to understand how our current tax system affects her family's economic condition. In plain English, McCaffery explains how the tax code stacks the deck against women and why it's in women's economic interest to lead the next great tax rebellion.
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.
If the bringing of children into the world is today an economic burden, it is because the social system is inadequate; and not because God’s law is wrong. Therefore the State should remove the causes of that burden. The human must not be limited and controlled to fit the economic, but the economic must be expanded to fit the human.
The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.
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.
Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.
As the party that believes in economic freedom and low taxes, it is scandalous that we have presided over the tax burden rising for hardworking families and businesses.
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