There are some Republicans who say that any time you raise new revenue, you have to have a tax cut to match it. I am not one of those Republicans.
Sentiment: NEGATIVE
I still believe a majority of Republicans are for income tax cuts.
Tax cuts create more jobs and this is something we as Republicans have to do a better job of marketing.
Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.
I am very concerned about anything that says 'revenue' because let's just be honest; revenue for Democrats has become code for tax increases.
If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.
I'm for tax reform, not tax increases.
Here's the question for my fellow Republicans: Do we want to be the first-ever GOP House majority to raise federal marginal income tax rates?
Republicans are not going to play I-told-you-so, but it is pretty obvious that the tax reductions passed in 2003 helped Americans dig out of a recession and get back to work.
At the end of the day, Republican-driven tax reform is not only going to be good for the economy and for growth. It's going to be good for middle-class Americans.
Republicans in Congress boosted the economy by cutting taxes and ending programs that don't work.
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