2012 Del. Senate Debate: on Tax Reform


Kevin Wade: Tax code adds 12.5 percent to the cost of everything

Wade said the tax code needs an overhaul. The federal tax code adds 12.5 percent to the cost of everything manufactured in the United States, Wade said. He called the code a toy box for special interests. "There is no confidence in the leadership of this nation," he said.
Source: Cape Gazette on 2012 Delaware Senate debate Oct 19, 2012

Tom Carper: Broaden the base of taxable income by removing deductions

Wade said that Congress must act to remove deductions and loopholes to simplify the tax code. He said that General Electric was able to avoid paying any federal income taxes two years ago by deploying special interest tax loopholes.

"We have loopholes everywhere but not loopholes for 'We, the people,' " Wade said. "We need to overhaul the tax code, which is 60,000 pages of nonsense, and remove it as an obstacle." Wade said his experience as a business owner would be an asset in the Senate. Carper also said he would support lowering tax rates across the board and broadening the base of taxable income by removing deductions. The plan is similar to others offered by President Barack Obama's deficit reduction commission and Republican presiden

Source: Delmarva Daily Times on 2012 Del. Senate debate Oct 17, 2012

  • The above quotations are from 2012 Delaware Senate Debate.
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  • Click here for more quotes by Tom Carper on Tax Reform.
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Candidates and political leaders on Tax Reform:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Dec 04, 2018