I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.
Adam Hasner
Rather than address the priorities of the middle class, the Ryan budget is an attack on American seniors, students, workers, and families - all for the sake of protecting loopholes for the wealthy and corporations that ship jobs overseas.
Albio Sires
The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.
Alex Berenson
Tax expenditures for middle- and working-class Americans - like the earned income tax credit - aren't thought of as loopholes; they're just thought of as benefits.
Alex Pareene
Foreign agents are taking advantage of loopholes in our laws.
Amy Klobuchar
I think there's a lot of Democrats that would favor reducing the corporate tax rate as long as we find a way to close loopholes so we have a way to pay for it.
Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.
Andrew Ross Sorkin
I want to help other people clear their records, and I want to help them avoid some of the loopholes that get people caught up in our criminal justice system.
Angela Stanton-King
The Democrats and Republicans need to come together. I've criticized Democrats for their unwillingness to address entitlement reform and Social Security and Medicare. Republicans, on the other hand, never saw a tax that they liked, even when it meant closing tax loopholes. They don't want to in any way support any revenue enhancements.
Antonio Villaraigosa
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
Ben Bernanke
I own that it is a good deal of a mystery to me how judges, of all persons in the world, should put their faith in dicta. A brief experience on the bench was enough to reveal to me all sorts of cracks and crevices and loopholes in my own opinions when picked up a few months after delivery and reread with due contrition.
Benjamin N. Cardozo
I don't believe there's a red state in America where people believe you should cut Medicare, Social Security and veterans' benefits rather than doing away with corporate tax loopholes.
Bernie Sanders
I believe we need a balanced, bipartisan approach to debt reduction that includes a combination of spending cuts, investments in economic growth, and simplification of the tax code that closes corporate loopholes that incentivize companies to ship jobs overseas.
Bill Foster
The Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.
Bob Beauprez
I do see great opportunity to make reforms to our tax code, making it simpler, fairer and removing corporate loopholes.
Charlie Baker
We can prove that we are in the business of governing responsibly, upholding our rule of law, and giving priority to those immigrants willing to apply legally versus those who leverage our system's loopholes.
Dan Crenshaw
Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too much money back in '03 and '04, caused the housing collapse. So we need to take free markets seriously. That means we have to put an end to all these tax credits and tax deductions and loopholes.
Dave Brat
Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.
David Harsanyi
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
David Plouffe
We've had enough with loopholes in our gun laws that allow dangerous people to get their hands on guns.
Dick Durbin
We need to close the tax loopholes that have awarded companies moving out of the country and overseas; we need a government that will keep our country safe from terrorists at home and abroad... and a government that is responsive to the needs of the people.
When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there!
Oh, she just happened to be a friend of the producer's. Or, oh, they've been trying to get her from the beginning and she just had a spot open up. There are always little loopholes, so I don't take anything personally anymore.
Congress has greatly tightened the loopholes terrorists can use to harm Americans. We need to do more. We need controls immediately on what forms of ID are adequate to board planes and enter secure sites.
The principle behind the Equal Pay Act is that if an individual woman finds a man doing similar work and being paid more she can take her employer to a tribunal and get paid equally and compensated. Sounds simple enough. But in reality this law has been hamstrung by a series of stupid loopholes that have developed over the years.
We need to digitize gun-sales records, mandate universal background checks, close gun-show loopholes and straw-man purchases, ban high-capacity magazines, and push for a comprehensive assault weapons ban with an extensive buyback system.
The bottom line is we need a tax code that is more simpler, that is more fairer, that gets rid of the special carve-outs, the special lobbyist loopholes. That's the direction we need to go.
We do live in an environment of crony capitalism, and the main reason we do is that loopholes are for sale, and both parties have their hands out through those loopholes.
When we're trying to form and keep habits, we often search - even unconsciously - for loopholes. We look for justifications that will excuse us from keeping this particular habit in this particular situation.
The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.
All summer, I read fiction because you must read for the pleasure and beauty of it, and not only for research. I don't read thrillers, romance or mystery, and I don't read self-help books because I don't believe in shortcuts and loopholes.
I don't read thrillers, romance or mystery, and I don't read self-help books because I don't believe in shortcuts and loopholes.
The American people likewise want to see enforcement first, no tricks, no triggers, no amnesty, enforcing existing laws and closing loopholes to reaffirm that our great Republic is, in fact, a nation of laws.
We need to close the loopholes that allowed large corporations to abuse the Paycheck Protection Program.
The rationale for eliminating the alternative minimum tax is that such a backup system should not be necessary if the tax code is fundamentally fair and eliminates all the loopholes that made it possible for high-income taxpayers to escape taxation in the first place.
Like or loathe Donald J. Trump, you have to give him this: He's done more to shine a spotlight on the loopholes and fundamental unfairness of the tax code than any other American president.
If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.
Lawmakers who support CISA will tell you the bill includes some privacy protections. They're right. But these 'protections' are superficial and include broad loopholes that are so far-reaching as to render the protections meaningless.
Tax breaks can serve a vital role in keeping and bringing jobs to our state; however, without accountability, they are little more than loopholes at taxpayers' expense.
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.
Everybody gets ticked off about GE paying no taxes. Look, we have a complicated, convoluted tax system. And only big corporations and wealthy individuals like Warren Buffett can take advantage of it. We need to simplify and flatten the code, get rid of all the loopholes.
The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.
I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.
The Reagan tax reform delivered real fairness, closing loopholes for Washington special interests so that all Americans could keep more of their hard-earned paychecks.
Tax reform for the 21st century means rewarding hardworking families by closing unfair loopholes, lowering tax rates across the board, and simplifying the tax code dramatically. It demands reducing the tax burden on American businesses of all sizes so they can keep more of their income to invest in our communities.
Small businesses already struggle to compete with big businesses that enjoy the luxury of a tax code filled with corporate loopholes.
New security loopholes are constantly popping up because of wireless networking. The cat-and-mouse game between hackers and system administrators is still in full swing.
Asylum is for people fleeing persecution, not those searching for a better job. Yet our broken system - with its debilitating court rulings, a crushing backlog, and gaping loopholes - allows illegal migrants to get into our country anyway and for whatever reason they want. This gaming of the system is unacceptable.
When I see a play one time, I've got it. When I see it twice, I master it. When I see it three times, I know where the loopholes are.
I'm not saying my mother didn't like me, but she kept looking for loopholes in my birth certificate.
