Jeff Fortenberry Quotes
The tax code is weighted toward the ultra-wealthy and ultra-wealthy corporations and has created an offshore aristocracy of people who can afford to hire an army of accountants and lawyers. This shifts the tax burden to small businesses, entrepreneurs, and others.
Fortenberry, Jeff. "Fortenberry Report." U.S. House of Representatives, 2017.
This became known as the Buffet Principle—that the very rich should not pay a lower tax rate than the workers who make far less money than they do. President Barack Obama used this principle by name in calling for the 2011 Jobs Act which would eliminate some of the loopholes and exemptions by which the rich could avoid some or much or their tax obligation.
Tax Evasion is a felony. Tax avoidance is using legal loopholes to avoid paying taxes. However, as Hightower points out, every time a wealthy individual or corporation legally avoids a tax, the burden to make up for the lost revenue falls on the Middle Class for whom there are few tax loopholes. Also, they cannot afford the high-priced lawyers and accountants to find the schemes to use.
Jeffrey Lane Fortenberry is an American politician and economist serving as the U.S. Representative for Nebraska's 1st congressional district since 2005. A member of the Republican Party, his district is based in Lincoln and includes most of the eastern third of the state outside the immediate Omaha area. He is the dean of Nebraska's congressional delegation.