Matt Bevin on Tax Reform
Reduce tax revenue: not simple revenue neutrality
Updating and simplifying our antiquated tax code will allow us to better compete with surrounding states.
We will focus on raising only the revenue truly necessary to run the state government.
We must also take additional steps such as eliminating the state inheritance tax and lowering individual and corporate tax rates. Under my leadership, tax reform will not be based simply on revenue neutrality,
but rather, to the extent possible, on reducing tax revenue itself and leaving as much of Kentucky's wealth in the hands of those who produce it.
Source: 2015 Kentucky Gubernatorial campaign website, MattBevin.com
, Aug 11, 2015
Higher taxes mean fewer private sector jobs
A lot of politicians promise to never increase our taxes, but once they get to Washington, their promises fall flat. Matt has spent many years in the private sector creating jobs, and he knows that higher taxes mean fewer private sector jobs and more
money for career politicians to spend. Matt has pledged to oppose all tax increases and supports passing legislation to make it harder for Congress to raise taxes on hardworking Americans.
Our tax system also needs to be reformed--desperately. At over 60,000 pages, it is overly complex, inefficient and unfair. With its numerous pages of special-interest loopholes and thorny rules, the tax code is just a way for politicians and the
IRS to reward their friends and punish their enemies. Matt supports scrapping the current tax code and instituting a flat tax that will encourage job creation and allow taxpayers to fill out their tax forms quickly and without expensive assistance.
Source: 2014 Senate campaign website, MattBevin.com, "Issues"
, Oct 25, 2013
Page last updated: Apr 18, 2020