Category: Taxes

Let’s Return Real Fiscal Authority to the States

Dr. Dwight Lee [Editor’s Note: This speech was presented at the 1995 Georgia Tax and Budget Conference on April 5, 1995.] It’s a pleasure to be here at the Georgia Tax and Budget Conference. I want to thank the Tax Foundation and the Georgia Public Policy Foundation for inviting me to participate. I’ve been asked to give a wrap-up of the conference and to talk about the road ahead. Although much of the discussion at this conference has been on taxes and spending at the state level, I would like to shift the emphasis a little bit by arguing that one cannot fully grasp what’s happening at the state level regarding taxes and spending unless one first considers the fiscal… View Article
By U.S. Representative Bill Archer An Agenda for the Next Century As the year 2000 draws near, we must develop an agenda for the next century. We must rethink the way government does its job – and be willing to investigate bold changes to those things which are incompatible with the new reality of the U.S. in a global marketplace. In today’s world, our nation’s income tax has become a liability. I believe that the time has come to tear the income tax out by its roots and implement a whole new way of raising federal revenues. In the Ways and Means Committee hearings, we have begun the process of developing a new design of federal taxation which would meet… View Article
By Senator Sam Nunn I have come to the conclusion that it is time to scrap the current individual and corporate income tax and replace it with a new tax system that works. What do I mean by a tax system that works? I mean a tax system that encourages saving and investment – the keys to economic growth. I mean a system that is fair and understandable and that reduces the cost of compliance. I mean a system that is attuned to international competitive realities. And I mean a tax system that is fiscally responsible. Senator Pete Domenici and I have designed and introduced a new tax proposal that we believe goes far toward meeting these criteria. We call… View Article

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U.S. Senator Johnny Isakson more quotes