Louis R. Chenevert Quotes

We're going to look awfully stupid if we give income tax relief to people who do not pay income taxes.

We have to reduce the tax burden, whether it's income tax for corporations or private individuals, and we should put a freeze on property taxes.

There are going to be no income taxes and no wealth taxes.

Any reduction in the corporate tax rate must also come with closing loopholes that have allowed the largest businesses in our country to pay less than they owe.

The whole tax code should be looked at, all the way from farm subsidies to carried interest to - to corporate loopholes, because we really need to raise more revenue.

Americans spend much of their adult lives paying taxes in various forms. We should end this practice of paying a tax that is triggered only by debt.

A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.

It's not hard to cut taxes.

Who's on the case when it comes to the flat tax?

Everyone now has a sacred cow in the tax code. For my money, the most sacred thing of all is our country and its growth, but the sacred cows have turned into a pack of wolves.

You walk into any supermarket or any shopping mall and ask the public what they are worried about. Not one of them will tell you they are worried about 12 years of Mitt Romney's tax returns.

What I want to do is make certain that no one's taxes go up. Let's look at cleaning up the tax code.

The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage.

Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.

That's the biggest problem, is the tax code itself.

I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.

We have points in common with the FDP, particularly when it comes to tax.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

Tax can be structured in a way that actually encourages investment in infrastructure and encourages investment in Australia from overseas.

We all want a simpler code, but tax reform is about much more. It is about ensuring that everyone pays their fair share. The tax code is also used to promote behavior that we as a nation support, such as home ownership or charitable contributions.

The number of business leaders who asked me to lower their taxes can be counted on one hand.

There is an old adage that the quickest way to drop your tax take is to increase taxes. If capital gains tax is going to be 50 percent, my contingent capital gains tax is going to be 250 million pounds.

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.

I don't feel under-taxed in any way at all.