Steve Russell on Tax Reform
We cannot find a solution to our economic uncertainty through higher taxation. Historically, we know as a nation that when we choose to increase taxes on families and businesses during recessions, it has stifled growth. What this country desperately needs is to create new taxpayers, not new taxes.
Being a small business owner, I have felt the grip burdensome regulation and taxation placed on maintaining and expanding my business. During my four years in the Oklahoma Senate, I consistently advocated for reduced taxes on individuals and businesses.
Faith2Action.org is "the nation's largest network of pro-family groups." They provide election resources for each state, including Voter Guides and Congressional Scorecards excerpted here. The F2A survey summarizes candidate stances on the following topic: 'Budget: In order to balance the budget, do you support an income tax increase on any tax bracket?'
Project VoteSmart infers summary responses from campaign statements and news reports The PVS survey summarizes candidate stances on the following topic: 'Budget: In order to balance the budget, do you support an income tax increase on any tax bracket?'
Congressional Summary: This bill imposes a national sales tax in lieu of the current income and corporate income tax, employment taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2017, with adjustments in subsequent years. U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon family size and poverty guidelines. No funding is allowed for the operations of the Internal Revenue Service after FY2019. Finally, the FairTax terminates if the 16th Amendment to the Constitution (authorizing an income tax) is not repealed within 7 years.
Supporters reasons for voting YEA: Rep. MORAN: I am all on board on tax reform, but the best solution is not tinkering with the current system; it is an overhaul of the current Tax Code. The FairTax, in my view, brings two goals front and center: to pass on to the next generation of Americans the freedoms and liberties guaranteed by our Constitution, and the opportunity for every American to live the American dream.
Opponents reasons for voting NAY: (by FairTaxWarrior.com):
|2016-17 Governor, House and Senate candidates on Tax Reform:||Steve Russell on other issues:|
Special elections in 2017 (Democrats):
CA-34:Gomez(D; elected June 6)
Newly-elected Democrats seated Jan.2017:
Special elections in 2017 (Republicans):
KS-4:Estes(R; elected April 11)
GA-6:Handel(R; elected June 20)
MT-0:Gianforte(R; elected May 25)
SC-5:Norman(R; elected June 20)
Newly-elected Republicans seated Jan.2017: