|
Gary Johnson on Tax Reform
Libertarian presidential nominee; former Republican NM Governor
|
|
|
23% national sales tax while eliminating the IRS
Former New Mexico Gov. Gary Johnson, who ditched his Republican bid for president in December, captured the Libertarian Party's nomination on Saturday in Las Vegas, adding a third party candidate with some name recognition to the
2012 race.Mr. Johnson is likely to be a sideshow in the presidential contest. He will be less well-funded than President Barack Obama and Republican
Mitt Romney, while holding policy positions often considered outside mainstream political thought. Among other things, he has called for the elimination of the Education Department, cutting 43% of federal spending and instituting a
23% national sales tax while eliminating the Internal Revenue Service. He also backs gay marriage and supports the legalization of marijuana.
Source: Danny Yadron in Wall Street Journal, "Libertarian Nod"
, May 5, 2012
Get rid of income tax and capital-gains tax
We need to get rid of the income tax. Giant, slow corporations spend their money on lobbying because tax avoidance is where their profit is. General Electric earned $14.2 billion in 2010 and paid zero taxes on it. Why?
Because it has the lobbyists to get subsidies and tax breaks.But those mom-and-pop stores? The tech startups? The nimble new corporations with new ideas and new visions for our economy? They pay as much as 35 cents on every dollar they earn.
When the company pays its employees, the government taxes that money again. We need to stop taxing work, savings and investment. I advocate removing all income taxes, all capital-gains taxes,
and replacing them with a consumption tax, kind of a national sales tax called the Fair-tax.
Source: Gary Johnson, "America moving again" in The Washington Times
, Feb 2, 2012
FairTax on all new goods & services, with prebates for poor
How does Fair-tax fund the government? When anyone purchases a new good or service for personal consumption, be it a DVD or a yacht, the person is taxed. Fair-tax doesn't tax used goods or business-to-business purchases.Some think the
Fair-tax is regressive, but in fact it's progressive--taxing the wealthy more than the poor. Fair-tax issues a "prebate" for families to spend on food, clothing, transportation, medical care or whatever they want to spend it on--it's their money.
Undocumented immigrants will pay their taxes if they want to buy anything. They need a Social Security card to receive a prebate, so the incentive is for immigrants to get themselves on the books as fast as possible.
The Fair-tax replaces employment taxes, payroll taxes, all income taxes, and all capital-gains taxes.
Source: Gary Johnson, "America moving again" in The Washington Times
, Feb 2, 2012
FairTax would absolutely reboot the American economy
CAIN: [to Johnson] : My 9-9-9 plan starts with throwing out the current tax code and pass 9% business flat tax, 9% personal income tax, and the 9% national sales tax. JOHNSON: Throwing out the entire federal tax system and replacing it
with a consumption tax, the FairTax, which would absolutely reboot the American economy because it does away with the corporate tax to create tens of millions of jobs in this country.
Source: 2011 GOP Google debate in Orlando FL
, Sep 22, 2011
Replace tax system with a FairTax
Q: With regards to jobs, how are you going to turn this country around?A: My next-door neighbor's dogs have created more shovel-ready jobs than this current administration. Balance the federal budget now, not 15 years from now, not 20 years from now,
but now. And throw out the entire federal tax system, replace it with a FairTax, a consumption tax, that by all measurements is just that. It's fair. It does away with corporate income tax. [That would] create tens of millions of jobs in this country.
Source: 2011 GOP Google debate in Orlando FL
, Sep 22, 2011
Replace job-killing tax code with FairTax
Instead of nibbling around the edges of a job-killing tax code, we need to throw it out. Eliminate income, business and payroll taxes altogether, and replace them with a FAIR tax (FairTax.org) that will result in millions of jobs.
Instead of spending more, balance the budget now. Get the burden of government spending and borrowing off the economy, and it will flourish.
And as the government's chief executive, the President needs to get federal agencies out of the business of managing the economy, and into the business of establishing regulatory certainty.
Do those things, and the U.S. will become the job magnet of the world.
Source: Response to 2011 Jobs Speech, on www.garyjohnson2012.com
, Sep 8, 2011
Reduce state personal income tax from 8.5% to 8%
In his first term, Gov. Johnson proposed reducing the top rate of the state personal income tax from 8.5% to 8%, along with other tax cuts, but was rebuffed by the Legislature. He signed a repeal of a 1993 6-cent-a-gallon tax hike. In 1997, Gov.
Johnson again proposed to cut the top rate, this time to 8.3%. The legislature proposed to cut it to 8.2%, but offset some of the revenue losses with a cigarette tax increase. Johnson signed the income tax cut, and vetoed the cigarette tax hike.
Source: Club for Growth 2012 Presidential White Paper #9: Johnson
, Jul 21, 2011
No national sales tax or VAT.
Johnson adopted the National Governors Association policy:
State tax policy is closely linked to federal policy. 36 states currently use either federal income or federal tax liability as the state tax base for personal income taxes. It is critical that Congress and the administration do not enact tax reform in a vacuum, but in consultation and in partnership with the nation’s Governors. - National Sales or Value-Added Tax The nation’s Governors oppose a national sales or transactional value-added tax. Such taxes would intrude into a tax area that has traditionally been reserved for and relied on by state and local governments. If enacted, either of these taxes would seriously threaten the ability of state and local governments to maintain their tax base.
- Current Income Tax If Congress decides to reform the current tax system, they should reduce the complexity of current income taxes; increase incentives to work, save, and invest; and increase efficiency and fairness. As part of any reform of the
current income tax, the nation’s Governors would oppose any modification to the deductibility of state income taxes, property taxes, and the interest on state and local bonds.
- Transition If major tax reform is enacted, it should not be implemented for at least three years, to give states ample time to adjust their own tax systems.
- Information Needs of the StatesThe ability of states to tax various revenue sources depends to a large extent on information that only the federal government can collect. This is becoming much more important given the complexity of both the international and domestic economies in tracing where goods and income are generated. It is critical that the federal government separate tax reform per se from the information that is collected from individuals, businesses, and corporations with respect to income generated. The data collection role of the federal government must be developed in partnership with state and local governments.
Source: NGA Executive Committee Policy Statement EC-9 00-NGA1 on Feb 15, 2000
|
|
|
Other governors on Tax Reform: |
Gary Johnson on other issues: |
NM Gubernatorial:
Gary King
John Sanchez
Susana Martinez
NM Senatorial:
Allen Weh
David Clements
John Sanchez
Martin Heinrich
Tom Udall
Gubernatorial Debates 2014:
AL:
 Bentley(R)
vs.Griffith(D)
AR:
Ross(D)
vs.Hutchinson(R)
vs.Griffin(R,Lt.Gov.)
AZ:
Ducey(R)
vs.DuVal(D)
vs.Mealer(AE)
vs.Gilbert(L)
vs.Riggs(R)
CA:
Brown(D)
vs.Kashkari(R)
CO:
Hickenlooper(D)
vs.Beauprez(R)
vs.Tancredo(R)
vs.Hess(L)
CT:
Malloy(D)
vs.Foley(R)
vs.Walker(R,Lt.Gov.)
FL:
Scott(R)
vs.Crist(D)
vs.Snitker(L,Lt.Gov.)
GA:
Deal(R)
vs.Carter(D)
vs.Hunt(L)
HI:
Ige(D)
vs.Aiona(R)
vs.Abercrombie(D)
IA:
Branstad(R)
vs.Hatch(D)
vs.Hoefling(R)
MA:
Coakley(D)
vs.Baker(R)
&Polito(R,Lt.Gov.)
vs.Grossman(D)
vs.Berwick(D)
ME:
LePage(R)
vs.Michaud(D)
vs.Cutler(I)
MI:
Snyder(R)
vs.Schauer(D)
NM:
Martinez(R)
vs.King(D)
NY:
Cuomo(D)
&Hochul(D,Lt.Gov.)
vs.Astorino(R)
vs.Hawkins(G)
vs.Teachout(D)
OK:
Fallin(R)
vs.Dorman(D)
PA:
Corbett(R)
vs.Wolf(D)
vs.Schwartz(D,lost primary)
vs.Critz(D,Lt.Gov.,lost primary)
|
Newly-elected 2014:
AK-I: Bill Walker
AR-R: Asa Hutchinson
AZ-R: Doug Ducey
IL-R: Bruce Rauner
MA-R: Charlie Baker
MD-R: Larry Hogan
NE-R: Pete Ricketts
PA-D: Tom Wolf
RI-D: Gina Raimondo
TX-R: Greg Abbott
Up for re-election 2014:
AK-R: Sean Parnell
AL-R: Robert Bentley
CA-D: Jerry Brown
CO-D: John Hickenlooper
CT-D: Dan Malloy
FL-R: Rick Scott
GA-R: Nathan Deal
HI-D: Neil Abercrombie
IA-R: Terry Branstad
ID-R: Butch Otter
IL-D: Pat Quinn
KS-R: Sam Brownback
ME-R: Paul LePage
MI-R: Rick Snyder
MN-D: Mark Dayton
NH-D: Maggie Hassan
NM-R: Susana Martinez
NV-R: Brian Sandoval
NY-D: Andrew Cuomo
OH-R: John Kasich
OK-R: Mary Fallin
OR-D: John Kitzhaber
PA-R: Tom Corbett
SC-R: Nikki Haley
SD-R: Dennis Daugaard
TN-R: Bill Haslam
VT-D: Peter Shumlin
WI-R: Scott Walker
WY-R: Matt Mead
|
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Local Issues
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty
Term-Limited or Retiring 2014:
AR-D: Mike Beebe
AZ-R: Jan Brewer
MA-D: Deval Patrick
MD-D: Martin O'Malley
RI-I: Linc Chafee
TX-R: Rick Perry
Contact info:
Campaign website:
www.garyjohnson2012.com
Mailing Address:
731 E South Temple, Salt Lake City, UT, 84110
Phone:
801-303-7922
Press Inquiries:
media@garyjohnson2012.com,
Web contact in lieu of EMail
|
|
|
Page last updated: Nov 27, 2014