I support transitioning from the progressive tax to a flat tax system - both individual and corporate/business.
Sentiment: POSITIVE
I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions.
We need to stop kicking the can down the road and rethink our entire tax system toward long-term, comprehensive tax reform.
I strongly support tax relief for the middle class.
Tax reform is a once-in-a-generation opportunity.
So we want to change the tax system. We want it to be fair, and we want to see some tax relief because people do three things when they get a little extra money in their pocket: They save it or they spend it or they invest it.
What I want to do is create more taxpayers, not more taxes.
I'm for tax reform, not tax increases.
Here's my thinking: Since tax reform only occurs once a generation, let's not tweak what we have and call it a day.
There certainly is a case to be made that taxes should be more progressive.
In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
No opposing quotes found.