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Tommy Thompson on Tax Reform

Former Secretary of H.H.S.; former Republican Governor (WI)


Replace alternative minimum tax with flat tax

Q: In addition to the Bush tax cut, name a tax youíd like to cut.

A: I was governor of Wisconsin and vetoed 1,900 items, and reduced taxes $16.4 billion. I think the biggest problem weíve got in America is the alternative minimum tax thatís bringing more middle-income people in. Letís put it in -- letís have the people have a flat tax and have the option of paying whichever is least.

Source: 2007 GOP primary debate, at Reagan library, hosted by MSNBC May 3, 2007

Cut taxes 91 times in Wisconsin, totaling $16.7 billion

We cut taxes in the very first budget and havenít stopped since. We cut taxes 91 times totaling $16.7 billion. These cuts saved the average Wisconsin family $8,400. And they infused new money into the economy to help stimulate growth and prosperity.

And tonight, the stateís national tax ranking has fallen to ninth in the nation. And when the cuts we enacted for years 2000 and 2001 are factored into the equation, we can say with confidence that Wisconsin is finally out of the top 10 states.

Source: 2001 State of the State Address Jan 31, 2001

Tax cuts are an investment in working families

The governor said tax cuts are a sound investment in stronger families, and the $1 billion in tax cut reductions enacted by the budget and the rebate checks builds on his record of reducing the tax burden on working families. Gov. Thompson proposed a $339 million permanent income tax cut, the largest middle-class income tax cut in state history. Governor Thompson has cut taxes a remarkable 91 times saving the average Wisconsin family more than $8,400.
Source: WI Governorís website Jan 8, 2001

No national sales tax or VAT.

Thompson adopted the National Governors Association policy:

Source: NGA Executive Committee Policy Statement EC-9 00-NGA1 on Feb 15, 2000

Other candidates on Tax Reform: Tommy Thompson on other issues:
Nominees:
GOP: Sen.John McCain
GOP V.P.: Gov.Sarah Palin
Democrat: Sen.Barack Obama
Dem.V.P.: Sen.Joe Biden

Third Parties:
Constitution: Chuck Baldwin
Libertarian: Rep.Bob Barr
Constitution: Amb.Alan Keyes
Liberation: Gloria La Riva
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Ralph Nader
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Page last updated: Feb 08, 2010