This gets me to my next point, and it's the constraints that the Postmaster General talked about.
Ron Johnson
The Public Record
Ron Harold Johnson is an American businessman and politician currently serving as the junior United States senator from Wisconsin, a position he has held since January 3, 2011. A member of the Republican Party, Johnson has focused on issues such as fiscal responsibility, healthcare reform, and government accountability during his tenure in the Senate. He has been an outspoken advocate for reducing the federal deficit and has often emphasized the need for economic growth through private sector initiatives.
Congress does, what it always does, I mean they will throw more money at the problem.
What does Congress force you to do that in any kind of rational private sector business you would not do?
This gets me to my next point, and it's the constraints that the Postmaster General talked about.
Congress does, what it always does, I mean they will throw more money at the problem.
Do you have to recognize that on your income statement or because you are holding these things in maturity, do you not recognize that loss?
My whole point--any of the three witnesses think that the U.S. tax system is simple and rational?
I'd love to hold a hearing on how do we simplify and rationalize our Tax Code.
the fact that we don't tax worldwide income that sets up the whole complex issue of transfer payments.
the fact that we don't tax worldwide income that sets up the whole complex issue of transfer payments.
I'd love to hold a hearing on how do we simplify and rationalize our Tax Code.
My whole point--any of the three witnesses think that the U.S. tax system is simple and rational?
What would we potentially accomplish, for example, just moving to cash-based income?
What would we potentially accomplish, for example, just moving to cash-based income?
If we would transition to cash-based income, it would simply be a timing difference.
If we would transition to cash-based income, it would simply be a timing difference.
Let me also point out. If we would transition to cash-based income, it would simply be a timing difference.
My whole point--any of the three witnesses think that the U.S. tax system is simple and rational?
the fact that we don't tax worldwide income that sets up the whole complex issue of transfer payments.
What would we potentially accomplish, for example, just moving to cash-based income?
I'd love to hold a hearing on how do we simplify and rationalize our Tax Code





