The
following was written in April 2014, as part of a response to the
Campaign for Liberty's 2012 survey questionnaire for candidates
running for federal office.
19.
Will you oppose all tax increases?
Yes,
I will oppose all proposed all federal legislation which provides for
tax increases.
For
government to control 40% of the spending in the nation – and for
the federal government to control over 25% of the GDP (as was the
case just several years ago) – is unsustainable. I believe that 15%
is a more appropriate goal in the short term, and that 12.5%
(one-eighth of G.D.P.; in today's terms $2.1 trillion out of a $16.8
trillion G.D.P.) is an appropriate long-term goal.
I
will introduce legislation that views this 12.5%-15% range as a base
rate for taxation of any and all behaviors which are taxed by the
federal government (in a manner which is constitutional), and the
closing of loopholes based on this notion, as well as the notion that
taxes should exempt anyone but people living below the poverty line.
Reduction
of taxes below the 12.5% rate should only follow additional
reductions of federal spending to below that rate. Additionally, such
cuts should follow the reduction of the deficit to zero (for which
such spending reductions would provide), and the payment of all
foreign and public debts.
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