Charles B. Rangel Quotes
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.
Rangel, Charles B. "Statement on Tax Reform." Committee on Ways and Means, 2007.
As a result of years of lobbying many vested interests were getting tax exemptions for their activities. Some of the richest corporations and people paid little or no taxes. This was like the old European monarchies where the dukes and nobles got tax exemptions from the king and the middle class and poor people paid a much larger percentage of their income and wealth than did the nobility. Fairness in taxation is very difficult in practice. See {633629}
He turned out to be very wrong as there were a number of times in American history when there were tax rates in excess of 70 percent, and they were collected.
Charles Bernard Rangel is an American politician who was a U.S. representative for districts in New York from 1971 to 2017. A member of the Democratic Party, he was the second-longest serving incumbent member of the House of Representatives at the time of his retirement, serving continuously since 1971. As its most senior member, he was also the Dean of New York's congressional delegation. Rangel was the first African-American Chair of the influential House Ways and Means Committee. He is also a founding member of the Congressional Black Caucus.