Political Quotes

“You've heard it a lot of different ways this morning. Our challenge is not that we tax too little. Our challenge is that we spend too much, and we're taking steps to make that happen. But we do tax incorrectly. We do tax in a way that challenges the patience, the tolerance and the intellect of millions of Americans every year. We're coming up on that. One week from today is Tax Day, April 15, that day that folks dread year after year after year after year. One of the things that makes Tax Day so complicated is the exceptions, the exemptions, the loopholes and those special favors that get written into the Code year after year after year after year. I want to associate myself with the comments from the previous speaker, the gentleman from California. And we've talked about the very serious--the very serious--discussion of the budget that's been going on in the Budget Committee. I'm pleased to be a member of the Budget Committee. Bloomberg came out with a report this morning, $2.9 trillion in special tax breaks, loopholes and exemptions erased in that budget. Not that taxes go up for Americans, but that taxes get simpler for Americans and fairer for Americans by taking away $2.9 trillion in special favors and special exemptions. There's a proposal that goes even further, and I want to mention it now a week out from Tax Day, and that's H.R. 25, the Fair Tax. It's a bill that started with only two cosponsors, one Democrat and one Republican.…”