U.S. News and World Report: on Tax Reform


George W. Bush: Don't balance the budget on the backs of the poor

Bush took aim at a proposal to send out Earned Income Tax Credit checks every month rather than once a year. "I don't think they ought to be balancing their budget on the backs of the poor."
Source: US News & World Report, p. 36 Oct 18, 1999

Rudy Giuliani: Letting Bush tax cuts expire means economy would decline

Q: What do you think would happen to the economy if the Bush tax cuts were all left to expire?

A: The economy begins to go in decline. I think we see an outsourcing of jobs. We see a loss of revenue. I think we see it before then. I think we start seeing it in 2008, 2009. I did a forum on taxes, and a guy who runs a medium-size business was saying he's already starting to hedge his bets against the idea of a major tax increase in 2010. I mean, how many businesses plan three, four, five years ahead

Source: Interview in US News & World Report, "Homeowner Bailout" Aug 27, 2007

Jamie R. Smith: Pushed for years to repeal state's 4.5% tax on food sales

Noem claimed the state has the "strongest economy" in the nation, crediting her decision to forgo government restrictions during the pandemic. But she also turned attention to the squeeze that inflation is putting on household budgets. She said she hears from many people who are "struggling because they can't pay their grocery bill. They're struggling because they can't pay gas prices." Earlier this week, she promised to push for repeal of the state's 4.5% tax on food sales.

But Smith was quick to point out that was an initiative he has been pushing for years, and when the House passed the proposal in March, support from Noem was lacking. Noem publicly opposed the proposal after the state Senate dismissed it in March, but she said [in the debate] that it was an idea she supported and her office had been working on it.

Recently, South Dakota's economic growth has lagged behind the rest of the country. Last year, it had the 15th lowest growth in GDP among states.

Source: US News and World Report on 2022 South Dakota Governor race Oct 1, 2022

Kristi Noem: Repeal state's 4.5% tax on food sales

Noem claimed the state has the "strongest economy" in the nation, crediting her decision to forgo government restrictions during the pandemic. But she also turned attention to the squeeze that inflation is putting on household budgets. She said she hears from many people who are "struggling because they can't pay their grocery bill. They're struggling because they can't pay gas prices." Earlier this week, she promised to push for repeal of the state's 4.5% tax on food sales.

But Smith was quick to point out that was an initiative he has been pushing for years, and when the House passed the proposal in March, support from Noem was lacking. Noem publicly opposed the proposal after the state Senate dismissed it in March, but she said [in the debate] that it was an idea she supported and her office had been working on it.

Recently, South Dakota's economic growth has lagged behind the rest of the country. Last year, it had the 15th lowest growth in GDP among states.

Source: US News and World Report on 2022 South Dakota Governor race Oct 1, 2022

  • The above quotations are from Columns and news articles in U.S. News and World Report.
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2016 Presidential contenders on Tax Reform:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Aug 01, 2023