Robert Packwood: “The income tax base, which has become riddled with exclusions, exemptions, deductions, and credits, should be as broad…”

Tax reform, if it's done correctly, should promote growth and significantly reduce economic distortions that are present under the current income tax system.

I regret the odious deal I had to make with the oilies, which was totally unjustified and given to them when no other business got it.

I have been here for 30 years. Three times we have put the investment tax credit in in tax reform. Three times we have taken it out in tax reform. Now you tell me, when is it reform, and when does it work to help the economy?

To me, it seems like to do anything really big and consequential in this town, you really need presidential leadership.