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Michael Bennet on Tax Reform

 


Cut taxes $12B on small businesses

When asked, "What would you do in Congress to create jobs and turn the economy around," both men said the key would be small businesses. Buck said, "As a leader in Washington DC, I would do everything that I can to make sure that our small business people have a lower tax burden. That those small business people know that we aren't going to pass cap and trade, and cause their energy bills to go up. That we aren't going to let regulators legislate in administrative settings rather than to have the United State Congress legislating. That we are going to give our small businesses the kind of stability that they need." To which Bennet fired back by saying, "Two weeks ago, I voted to cut taxes on small businesses in this country by $12 billion. And that bill was opposed by my opponent in this race."
Source: KKTV coverage of 2010 Colorado Senate debate , Oct 7, 2010

Open to compromise on temporarily extending Bush tax cuts

Both men emphasized their willingness to break from party orthodoxy. Bennet said that he'd be "open" to a compromise on "temporarily" extending the Bush tax cuts for wealthy Americans. Buck told the audience, "I will not swear allegiance to the Republican party in Washington, DC."
Source: ABC News coverage of 2010 Colorado Senate debate , Sep 12, 2010

Target tax cuts to struggling middle class families

We must engage in a fiscally smart tax policy. We should target tax cuts to those middle class families and small businesses that are struggling the most under the weight of this recession. At the same time, we must close tax loopholes that serve no purpose and simply allow some institutions to avoid paying their fair share.

None of this will be easy. These problems weren't created overnight, and they won't be solved overnight.

Source: 2010 Senate campaign website, bennetforcolorado.com "Issues" , Jul 2, 2009

Supports more federal taxes & keeping marriage penalty.

Bennet supports the CC survey questions on increasing taxes

The Christian Coalition voter guide [is] one of the most powerful tools Christians have ever had to impact our society during elections. This simple tool has helped educate tens of millions of citizens across this nation as to where candidates for public office stand on key faith and family issues.

Source: Christian Coalition Survey 10-CC-q11 on Aug 11, 2010

Other candidates on Tax Reform: Michael Bennet on other issues:
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John Hickenlooper
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Ken Buck
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Page last updated: Dec 25, 2013