Dan Quayle in The Wall Street Journal


On Tax Reform: Radical tax change eventually; cut taxes in interim

We need to change the tax code radically. Whether we ultimately wish to adopt a flat tax or a national sales tax is an open question - and a long debate. In the interim, we must abolish the marriage penalty and death tax, cut corporate and individual capital gains taxes, and neutralize the current bias against investment by reducing the top corporate income tax rate.
Source: Dan Quayle column in the Wall Street Journal Jan 25, 1998

On Tax Reform: Eliminate most tax preferences; preserve “core incentives”

We must simplify and reduce marginal tax rates for individuals by establishing just three rates. I propose that we simplify the tax code by eliminating most tax preferences, credits and deductions, while preserving core incentives such as interest on home mortgages, charitable contributions and health-care, retirement and education expenses.
Source: Dan Quayle column in the Wall Street Journal Jan 25, 1998

The above quotations are from Columns and news articles on NY politics in The Wall Street Journal.
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