A Quote by Newt Gingrich

Input of public judgement for any major tax reform. — © Newt Gingrich
Input of public judgement for any major tax reform.
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 cut tax exemptions in 1986, it was the most admired tax reform in U.S. history. Congress and the president worked together then to eliminate scores of loopholes and exemptions and deductions; this made taxes much simpler, and allowed a major cut in tax rates.
Tax reform and expanded trade are going to be so important to the economy of Illinois, particularly the 11th Congressional District, which is a major manufacturing and a major agricultural district.
I'm in favor of doing tax reform, but I think tax reform ought to be revenue neutral as it was back during the [Ronald] Reagan years. We've resolved this issue.
Obama's Democrats have become the part of no. Real cuts to federal budget? No. Entitlement reform? No. Tax reform? No. Breaking the corrupt and fiscally unsustainable symbiosis between public-sector unions and state governments? Hell no.
I won't criticise anyone else's statements, and the public will make up their own minds. And if the public think that any side or any individual has strayed too far away from what's expected of public representatives, then they'll make that judgement.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'
Tax reform means, "Don't tax you, don't tax me. Tax that fellow behind the tree."
We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?
Conservative and liberal politicians alike now spend millions waging wars around the globe, funding the largest military state in the world, providing huge tax benefits to the ultrarich and major corporations, and all the while draining public coffers, increasing the scale of human poverty and misery, and eliminating all viable public spheres - whether they be the social state, public schools, public transportation or any other aspect of a formative culture that addresses the needs of the common good.
Basically the tax reform ideas are to clean up the tax system and to eliminate the loopholes that only very few make use of, to eliminate the possibility of people making millions of dollars every year and not paying any tax at all through oil depletion allowances and things like that.
Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.
Have you ever noticed how statists are constantly "reforming" their own handiwork? Education reform. Health-care reform. Welfare reform. Tax reform. The very fact that they're always busy "reforming" is an implicit admission that they didn't get it right the first 50 times.
There are three major political organizations in this country: the Republican Party, the Democratic Party and the Koch Brothers Party. With billions to spend on campaigns. think tanks and 'educational' organizations, the Koch brothers are the most powerful. We must overturn Citizens United, move to public funding of elections and pass real tax reform.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
Any substantial tax reform would involve substantial redistributions of tax burdens and substantial changes in asset values, and you need some 'lubrication' (i.e., transition rules).
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