On the recordMarch 12, 2006
Rather than a tax increase, I think the first place we ought to look . . . is the tax gap. If we could collect this money, we'd virtually eliminate the deficit.
Source
congress.govKent Conrad: “Rather than a tax increase, I think the first place we ought to look . . . is the tax gap. If we could collect this…”
Editor's note · Context
Kent Conrad suggested focusing on the tax gap to reduce the deficit instead of increasing taxes.
Share
More from Kent Conrad
Sep 6, 2016
It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.
Oct 18, 2023
Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…
Oct 18, 2023
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
Sep 6, 2016
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.
Other voices in this conversation
