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If I could wave a magic wand, we would eliminate income tax; we would eliminate corporate tax. We would abolish the IRS, and we could replace all of it with one federal consumption tax.

I am opposed to any individual taxes until we eliminate all of the unconstitutional agencies, and I suspect we wouldn't need a tax after that.

Taxes should be simple and fair... I'm not for increasing income taxes - if we even have an income tax.

The bottom line is we need a tax code that is more simpler, that is more fairer, that gets rid of the special carve-outs, the special lobbyist loopholes. That's the direction we need to go.

What I want to do is make certain that no one's taxes go up. Let's look at cleaning up the tax code.

Instead of raising taxes as some would insist, we need to reduce waste and inefficiency in government.

Let me announce this to the American people tonight one of the best things about this debate, as a Democrat from Massachusetts, I have proposed eliminating, getting rid of the alternative minimum tax.

What I do is allow middle-income families to finally be able to save their money tax-free. No tax on interest dividends or capital gains for middle-income Americans.

I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.