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John Sanchez on Tax Reform
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For tax cuts; for spending caps; against earmarks
Former Congresswoman Wilson took part in digging the economic hole that we are in, by voting: - Against tax cuts
- Against spending caps
- For tax increases
- For increased government spending
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For earmarks and pork barrel spending
In fact, Wilson was one of the most prolific earmarkers in the US Congress. According to the Center for Responsive Politics and Taxpayers for Common Sense, Wilson earmarked over $143 million in FY '08-'09 alone.
Source: 2012 Senate campaign website, sanchezforussenate.com, "Home"
, Jul 22, 2011
Cut income tax & capital gains taxes
Sanchez believes that we need tax cuts to jumpstart the economy, create jobs, and grow hope and opportunity for every New Mexican. Cut the personal income tax: our current rate of 8.2% is outrageously high. Sanchez will fight to cut the personal income
tax in New Mexico. Reduce the capital gains tax: this tax discourages out-of-state businesses from relocating to New Mexico. Sanchez supports a 5-year reduction of the capital gains tax to levels at our below our personal income tax rate.
Source: 2002 Gubernatorial campaign site, JohnSanchezForGovernor.com
, Oct 15, 2002
Adopt a single-rate tax system.
Sanchez signed the Contract From America
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.
Source: The Contract From America 10-CFA04 on Jul 8, 2010
Repeal tax hikes in capital gains and death tax.
Sanchez signed the Contract From America
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.
Source: The Contract From America 10-CFA10 on Jul 8, 2010
Page last updated: Aug 29, 2017