Political Quotes

On the recordMarch 7, 2012
The country of Estonia was a case in point a few years ago when they reported on their experience with the flat tax. I think this is a good system, but do you know what? I am willing to admit to you that I do not know the best for every family in America. Some people would criticize this system by saying, Well, wait a minute. I need that income tax deduction for my home mortgage. I need that income tax deduction for charitable donations. That may be right; but I do know this, that you should have the option of saying, I accept a single flat-rate tax, and I am going to give up those other deductions. It should be your option. It should not be the United States Congress that is dictating to each and every American what they shall and shall not do. If you have constructed your life by living around the IRS code, then you should be able to continue doing that. If that is the reason by which you've made economic decisions in your life, you should be able to live by those decisions. Congress should not be disruptive in this process. I, personally, would give up all of the itemized deductions that I keep in order to get rid of having to keep up with those itemized deductions. Would I still give money to charity? Absolutely. Would I still turn stuff over to the Salvation Army and to Goodwill? Absolutely.…

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