State of Delaware Archives: on Tax Reform

Chris Coons: New approach to replace Bush tax cuts

"Congressman Castle has been in Congress for 18 years, and voting for indebtedness, borrowing, supporting the Bush tax breaks for the rich and bailing out Wall Street banks and now he tells a reporter that Washington should be managed better? He had the opportunity to reject the failed ideas of the past and he didn't--it is time for a new approach," said a Chris Coons campaign spokesperson. He added, "The open US Senate seat in Delaware is drawing national and international attention and for the first time Congressman Castle is going to have to account for saying one thing in Delaware and doing another in Washington."

Chris Coons: Every extension of Bush tax cut adds to the deficit

COONS: I support extending the Bush tax cuts for the overwhelming majority of Americans. I don't think we should draw an arbitrary line at $250,000. But th value that I will apply as deciding how much to extend, whether it goes up to $1 million or $2 million, is that we've got a tough choice to make. Every increased tax cut, every extension that's given, is going to increase the deficit. The primary value I would apply in deciding whether to extend all the Bush tax cuts & for how long [is that] we should do those tax cuts that have the best chance of getting our economy going again.

O'DONNELL: You have said that you will stop the tax cuts for the so-calle rich. What you fail to realize is the so-called rich are the small business owner. small business owner, the dry-cleaner down the street, the pizza shop owner who makes $300,000 before they pay their four employees, before they feed their own family.

Christine O`Donnell: 2011 tax hikes will cost $10,000 per family

The common sense men and women all across Delaware know this is not sustainable. Yet my opponent wants to go to Washington and rubber-stamp the failed spending bills that are coming from--that have cost us 2.5 million jobs.

This is wrong. Uncle Sam needs to be cut off.

I want to go to Washington to create jobs based on private business, not your tax dollars. I want to fight to have our nation become debt free. I want to stop the tax hikes that are coming in January.

A vote for my opponent will cost the average Delaware family $10,000 instantly between the January tax hikes and his vote for cap and trade. Most of us can't afford that. If you think that government is too small and that your taxed too little, if you're ever questioned whether America is a beacon of freedom and justice, then he's your guy.

Christine O`Donnell: Two-year tax holiday on the capital gains tax

COONS: We'd like to have Americans able to receive the benefits they need to get through incredibly difficult times. But to simply denounce people as being dependent because they're applying for and receiving food stamps in the worst recession in modern times is slandering people.

O'DONNELL: I'm not the person who would cut the tax benefits for disabled and low-income senior citizens, as you did as county executive But what I'm proposing is to make sure that the tax cuts for our Delawareans do not expire this January. You have said that you will stop the tax cuts for the so-called rich. What you fail to realize is the so-called rich are the small business owner.

Christine O`Donnell: Small business owners earn $300K and need tax cuts too

COONS: I support extending the Bush tax cuts for the overwhelming majority of Americans. I don't think we should draw an arbitrary line at $250,000. But th value that I will apply as deciding how much to extend, whether it goes up to $1 million or $2 million, is that we've got a tough choice to make. Every increased tax cut, every extension that's given, is going to increase the deficit. The primary value I would apply in deciding whether to extend all the Bush tax cuts & for how long [is that] we should do those tax cuts that have the best chance of getting our economy going again.

O'DONNELL: You have said that you will stop the tax cuts for the so-calle rich. What you fail to realize is the so-called rich are the small business owner. small business owner, the dry-cleaner down the street, the pizza shop owner who makes $300,000 before they pay their four employees, before they feed their own family.

Gene Truono: Tax reform will be one of his top 3 issues for advocacy

Jack Markell: Reduce corporate tax to increase competitiveness

James DeMartino: Low taxes and health care my priority for seniors, retirees

Jessica Scarane: Wall Street must pay taxes on extreme wealth

Bullet points on Scarane's campaign website also include "peace, not war; racial justice; protect immigrants; make Wall Street pay their fair share."

"People want to see positive material change in their day-to-day lives," Scarane said. "It shouldn't be considered a radical initiative to try to make people's lives better and using the government to do that."

Jessica Scarane: Make Wall Street pay their fair share

John Carney: Share sacrifice of budget cuts and tax hikes

I've proposed an operating budget that grows government spending less than 3/10 of 1%. It contains a 50-50 mix of spending cuts & new revenue. It's built on the principle of shared sacrifice.

Our north star in building this budget was making Delaware more competitive. While we went line by line, deciding which programs to cut and which to preserve, which taxes to raise and which to leave untouched, we asked ourselves the same question over and over again: "How will this decision impact our ability to grow our economy and compete?"

It would be easy to get lost in the doom and gloom of budget cuts and tax hikes. There is something in our budget for everyone not to like.

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

Rob Arlett: For Trump's 2017 Tax Reform: make taxpayer cuts permanent