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Ken Buck on Tax Reform |
BUCK: No, I don't. I think we've got to find spending cuts. And I don't know what you're talking about in terms of tax cuts.
Q: Extending the Bush-era tax cuts for the highest earners. The president says it would cost an extra $700 billion. If you want to cut that deficit, do you then have to pay for the tax cuts you want to extend?
BUCK: Well, first, where are the families going to pay for the money that they've got to send the federal government? That's the bigger question to me.
Q: You either believe in the balanced budget or you do not. If you extend tax cuts, you said just a moment ago they have to be paid for. Then how do you pay for it?
BUCK: We pay for it by cutting spending. When we leave money in the hands of taxpayers, they buy things; they pay taxes. It's not a one for one exchange. Every economist I've talked to has told me that it would be bad in a recession to try to increase taxes.
We are not under-taxed. The federal government is overspending. And as the endless string of spending in Congress continues, so will the call for higher taxes. As the push for higher taxes emerges, I will push to downsize government, not raise taxes. I'll stay true to the Taxpayer Protection Pledge I have signed.
The Christian Coalition voter guide [is] one of the most powerful tools Christians have ever had to impact our society during elections. This simple tool has helped educate tens of millions of citizens across this nation as to where candidates for public office stand on key faith and family issues.
The Contract from America, clause 4. Enact Fundamental Tax Reform:
Adopt a simple and fair single-rate tax system by scrapping the internal revenue code and replacing it with one that is no longer than 4,543 words--the length of the original Constitution.
The Contract from America, clause 10. Stop the Tax Hikes:
Permanently repeal all tax hikes, including those to the income, capital gains, and death taxes, currently scheduled to begin in 2011.