06/24/2014
https://www.congress.gov...
"A number of tax policy experts believe that the tax system should simply be used to raise the revenue necessary to fund a constitutionally limited Federal Government and not get involved in social eng..."
"The real question that we have is, should we have any of these tax expenditures or deductions in lieu of the fact that we might reduce corporate tax rates low enough so that that would take care of it..."
"I agree with you entirely that we should have a neutral tax code. That is the purpose of comprehensive reform, as I see it."
"I agree with you on the intangible drilling and development cost deduction. It has been a tremendous benefit for the oil industry, at least the independent oil industry in this country."