The 60 Second Update with
1. What's the very first tax reform the next President should address?
The most important changes to
the tax code are to one, cut the corporate income tax rate from 35%. The
European average corporate tax rate is 25% and
Two, moving to a national tax
code rather than worldwide.
Third, we need to expand 40lk's so that all Americans can save more easily for education needs, homeownership and retirement.
Question 2. When should we raise taxes?
In Leave Us Alone, Grover Norquist presents the modern Republican party as a coalition of varied groups –taxpayers, property owners, gun owners, communities of faith, homeschoolers, and the emerging “investor class” – who want simply to be left alone by the government.
Grover Norquist is president of Americans for Tax Reform, a coalition of taxpayer groups, individuals and businesses opposed to higher taxes at both the federal, state and local levels. ATR organizes the Tax Payer Protection Pledge,which asks all candidates for federal and state office to commit themselves in writing to oppose all tax increases.To date, 172 House members, and 34 Senators have taken the pledge. On the state level, 7 governors and over 1100 state legislators have taken the pledge.