Bill Bennett: “I salute the Kemp Commission for the work that they have done. I note with some degree of pride and satisfaction that in…”

“I salute the Kemp Commission for the work that they have done. I note with some degree of pride and satisfaction that in my statement on the floor I talked about four basic principles that should guide our tax system: neutrality, simplicity, stability, and fairness. In its report, the Kemp Commission incorporated all four of those but added a fifth that I wish I had thought of, and that is visibility. That is, they pointed out that people should know how much taxes they are paying. Taxes should be visible so that the average American will be aware of what is happening. The Kemp Commission did another thing that I find salutary. They talked about the impact of payroll taxes on the lives of Americans.”