A Quote by Rishi Sunak

Having a lower tax, simpler, fairer, flatter tax system is something that can drive growth. — © Rishi Sunak
Having a lower tax, simpler, fairer, flatter tax system is something that can drive growth.
The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
Over the longer term, we need to work toward a pro-growth tax code that is fairer and simpler than what we have now. Anything that meets those criteria is going to be better than the failing and dysfunctional tax code we have today.
Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.
To me, there are four F's in a good tax system: it ought to be flatter, fairer, finite and family-friendly.
We've been prepared to make the arguments for lowering corporation tax, which is all about encouraging risk takers, encouraging entrepreneurs, and I observe that for the vast majority of the Labour government we had a top rate of 40 per cent income tax. It's now higher, and I think we should look to get to a simpler, lower tax system.
The problem with wanting the tax code to be 'simpler, fairer,' and 'pro-growth' is that it's impossible to achieve all three at the same time.
The Tax Cuts and Jobs Act is a leap forward to a fairer and less confusing tax system.
What I'd like to do is continue a private sector, free market Main Street types of policies. And those include less regulation. They include a fairer, flatter tax system.
In the 1980s, Democrats enthusiastically helped President Reagan pass his tax reforms, which made the tax system fairer and more efficient in addition to reducing rates.
Britain needs a simpler tax system which is simple to understand, where there are no loop-holes, where the very rich do not avoid tax by employing expensive accountants
It is easier to start taxes than to stop them. A tax an inch long can easily become a yard long. That has been the history of the income tax. Would not the sales tax be likely to have a similar history [in the U.S.]? ... Canadian newspapers report that an increase in the sales tax threatens to drive the Mackenzie King administration out of office. Canada began with a sales tax of 2%.... Starting this month the tax is 6%. The burden, in other words, has already been increased 200% ... What the U.S. needs is not new taxes, is not more taxes, but fewer and lower taxes.
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.
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
We need a simpler, fairer tax code that protects taxpayers. Not special interests.
Our tax code becomes so absurdly complex every 32 years that we have no choice but to scrap it and re-write. The 32-year period is up in 2018. So the time has come. History tells us that we're going to produce a fairer, simpler tax code by 2018.
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.
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