Tim Huelskamp on Tax Reform
American citizens are overtaxed. The liberals in Washington have scheduled massive income tax increases at the end of this year.
American businesses are also overtaxed. Our companies pay some of the highest corporate income taxes in the world and those costs get passed along to consumers.
Our current system of taxation is unfair. That's why I support the FairTax.
Politicians often run for office saying they won't raise taxes, but then quickly turn their backs on the taxpayer. The idea of the Pledge is simple enough: Make them put their no-new-taxes rhetoric in writing.
In the Taxpayer Protection Pledge, candidates and incumbents solemnly bind themselves to oppose any and all tax increases. While ATR has the role of promoting and monitoring the Pledge, the Taxpayer Protection Pledge is actually made to a candidate's constituents, who are entitled to know where candidates stand before sending them to the capitol. Since the Pledge is a prerequisite for many voters, it is considered binding as long as an individual holds the office for which he or she signed the Pledge.
Since its rollout with the endorsement of President Reagan in 1986, the pledge has become de rigeur for Republicans seeking office, and is a necessity for Democrats running in Republican districts.
The Contract from America, clause 4. Enact Fundamental Tax Reform:
Adopt a simple and fair single-rate tax system by scrapping the internal revenue code and replacing it with one that is no longer than 4,543 words--the length of the original Constitution.
The Contract from America, clause 10. Stop the Tax Hikes:
Permanently repeal all tax hikes, including those to the income, capital gains, and death taxes, currently scheduled to begin in 2011.
OnTheIssues Explanation: At the end of 2010, the temporary one-year suspension of the estate tax ended. This bill proposes to make it permanent, with zero exemption. The "exemption" means the amount one can inherit without taxation. In 2009 the rate was 45% and the exemption amount was $3.5 million. On January 1, 2010 a "one year repeal" of the tax was effectuated by a temporary, one-year-only rate of 0%. On January 1, 2011 the estate tax is scheduled to a top rate of 35% and the exemption amount is scheduled to be $5 million, or $10 million for married couples.
[The ATR, Americans for Tax Reform, run by conservative lobbyist Grover Norquist, ask legislators to sign the Taxpayer Protection Pledge in each election cycle. Their self-description:]
In the Taxpayer Protection Pledge, candidates and incumbents solemnly bind themselves to oppose any and all tax increases. Since its rollout in 1986, the pledge has become de rigeur for Republicans seeking office, and is a necessity for Democrats running in Republican districts. Today the Taxpayer Protection Pledge is offered to every candidate for state office and to all incumbents. More than 1,100 state officeholders, from state representative to governor, have signed the Pledge.
The Taxpayer Protection Pledge: "I pledge to the taxpayers of my district and to the American people that I will: ONE, oppose any and all efforts to increase the marginal income tax rate for individuals and business; and TWO, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates."
Opponents' Opinion (from wikipedia.com):In Nov. 2011, Sen. Harry Reid (D-NV) claimed that Congressional Republicans "are being led like puppets by Grover Norquist. They're giving speeches that we should compromise on our deficit, but never do they compromise on Grover Norquist. He is their leader." Since Norquist's pledge binds signatories to opposing deficit reduction agreements that include any element of increased tax revenue, some Republican deficit hawks now retired from office have stated that Norquist has become an obstacle to deficit reduction. Former Republican Senator Alan Simpson, co-chairman of the National Commission on Fiscal Responsibility and Reform, has been particularly critical, describing Norquist's position as "no taxes, under any situation, even if your country goes to hell."
Congressional Summary: This bill imposes a national sales tax in lieu of the current income and corporate income tax, employment taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2017, with adjustments in subsequent years. U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon family size and poverty guidelines. No funding is allowed for the operations of the Internal Revenue Service after FY2019. Finally, the FairTax terminates if the 16th Amendment to the Constitution (authorizing an income tax) is not repealed within 7 years.
Supporters reasons for voting YEA: Rep. MORAN: I am all on board on tax reform, but the best solution is not tinkering with the current system; it is an overhaul of the current Tax Code. The FairTax, in my view, brings two goals front and center: to pass on to the next generation of Americans the freedoms and liberties guaranteed by our Constitution, and the opportunity for every American to live the American dream.
Opponents reasons for voting NAY: (by FairTaxWarrior.com):
|2012 Governor, House and Senate candidates on Tax Reform:||Tim Huelskamp on other issues:|
Newly-elected Democrats taking office Jan.2015:
AZ-7: Rep.-Elect Ruben Gallego
CA-11:Rep.-Elect Mark DeSaulnier
CA-31:Rep.-Elect Pete Aguilar(R⇒D)
CA-33:Rep.-Elect Ted Lieu
CA-35:Rep.-Elect Norma Torres
FL-2: Rep.-Elect Gwen Graham(R⇒D)
HI-1: Rep.-Elect Mark Takai
MA-6: Rep.-Elect Seth Moulton
MI-12:Rep.-Elect Debbie Dingell
MI-14:Rep.-Elect Brenda Lawrence
NE-2: Rep.-Elect Brad Ashford(R⇒D)
NJ-12:Rep.-Elect Bonnie Coleman
NY-4: Rep.-Elect Kathleen Rice
PA-13:Rep.-Elect Brendan Boyle
VA-8: Rep.-Elect Donald Beyer
Seated in special elections 2013-2014:
AL-1: Bradley Byrne(R)
IL-2: Robin Kelly(D)
LA-5: Vance McAllister(R)
MA-5: Katherine Clark(D)
MO-8: Jason Smith(R)
NJ-1: Donald Norcross(D)
SC-1: Mark Sanford(R)
VA-7: Dave Brat(R)
Newly-elected Republicans taking office Jan.2015:
AR-2: Rep.-Elect French Hill
AR-4: Rep.-Elect Bruce Westerman
AL-6: Rep.-Elect Gary Palmer
CA-25:Rep.-Elect Steve Knight
CA-45:Rep.-Elect Mimi Walters
CO-4: Rep.-Elect Ken Buck
FL-26:Rep.-Elect Carlos Curbelo(D⇒R)
GA-1: Rep.-Elect Buddy Carter
GA-10:Rep.-Elect Jody Hice
GA-11:Rep.-Elect Barry Loudermilk
GA-12:Rep.-Elect Rick Allen(D⇒R)
IA-1: Rep.-Elect Rod Blum(D⇒R)
IA-3: Rep.-Elect David Young
IL-10:Rep.-Elect Robert Dold(D⇒R)
IL-12:Rep.-Elect Mike Bost(D⇒R)
More newly-elected Republicans taking office Jan.2015:
LA-5: Rep.-Elect Ralph Abraham
LA-6: Rep.-Elect Garret Graves
ME-2: Rep.-Elect Bruce Poliquin(D⇒R)
MI-4: Rep.-Elect John Moolenaar
MI-8: Rep.-Elect Mike Bishop
MI-11:Rep.-Elect Dave Trott
MN-6: Rep.-Elect Tom Emmer
MT-0: Rep.-Elect Ryan Zinke
NC-6: Rep.-Elect Mark Walker
NC-7: Rep.-Elect David Rouzer(D⇒R)
NH-1: Rep.-Elect Frank Guinta(D⇒R)
NJ-3: Rep.-Elect Tom MacArthur
NV-4: Rep.-Elect Cresent Hardy(D⇒R)
NY-1: Rep.-Elect Lee Zeldin(D⇒R)
NY-21:Rep.-Elect Elise Stefanik(D⇒R)
NY-24:Rep.-Elect John Katko
OK-5: Rep.-Elect Steve Russell
PA-6: Rep.-Elect Ryan Costello
TX-4: Rep.-Elect John Ratcliffe
TX-23:Rep.-Elect Will Hurd
TX-36:Rep.-Elect Brian Babin
UT-4: Rep.-Elect Mia Love(D⇒R)
VA-10:Rep.-Elect Barbara Comstock
WA-4: Rep.-Elect Dan Newhouse
WI-6: Rep.-Elect Glenn Grothman
WV-2: Rep.-Elect Alex Mooney
WV-3: Rep.-Elect Evan Jenkins(D⇒R)
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