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As American taxpayers know too well, the tax code is incredibly complex and compliance is all to expensive.

As more and more Americans own shares of stock, more and more Americans understand that taxing businesses is taxing them. Regulating businesses is taxing them. They ought to be thinking long-term about their ownership, not just their income, and that they should pay taxes on capital, as well as taxes on labor.

It's really American to avoid paying taxes, legally.

We must have a fair tax in the United States. We have to re-adjust it, we must be fiscally responsible.

When you tell the American people, 'Read my lips. No new taxes,' that should mean no new taxes.

Using taxes to punish the rich, in reality, punishes everyone because we are all interconnected. High taxes and excessive regulation and massive debt are not working.

The American taxpayers are a powerful force. They don't want their taxes raised.

It is all very well and it sounds very seductive to say we are going to have harmonisation of regulations, but for example the way that funds are distributed around the states these days, you are positively penalised if you actually want to have say a lower payroll tax or sort of conditions.

Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.

In the U.S., you have so many rules, everything's regulated and structured. When you make a mistake, you pay for it -a lot.