Todd Young Quotes

We need a tax code that promotes savings, investment, achievement, innovation, and hard work.

I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.

The important thing about tax reform is you make the tax code less complicated, easier for people to understand.

Simplification of the tax code would not only unlock dormant economic potential, but, in the process, it would blunt the preferred weapon of social engineers, who reward favored industries, punish success and distort economic incentives.

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.

The bottom line is we need a tax code that is more simpler, that is more fairer, that gets rid of the special carve-outs, the special lobbyist loopholes. That's the direction we need to go.

We're going to have a tax cut. Today's American family is overtaxed at all levels.

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

Time and again we have learned that the best way to achieve growth and create jobs is for hardworking people to keep more of their own money in their own pockets.

We're going to do tax reform to let people keep more of what they earn, grow an economy, and be able to save for your children's future and buy a new house.

The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.

Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.

Reducing the tax burden is necessary to produce economic growth.

We need to even out the tax code for small businesses so that we lower their tax rate to 25 percent, just as we need to lower it for all businesses.

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

Everybody gets ticked off about GE paying no taxes. Look, we have a complicated, convoluted tax system. And only big corporations and wealthy individuals like Warren Buffett can take advantage of it. We need to simplify and flatten the code, get rid of all the loopholes.

I've voted in some cases to remove and reduce tax breaks for the oil industry in other cases I've voted not to because I felt that the proposals covered too much.

Tax reform for the 21st century means rewarding hardworking families by closing unfair loopholes, lowering tax rates across the board, and simplifying the tax code dramatically. It demands reducing the tax burden on American businesses of all sizes so they can keep more of their income to invest in our communities.

You know who a complicated tax code kills? The guy or gal trying to start a business out of the spare bedroom of their home. So we've got to simplify our tax code.

Our broken tax code is one of the main reasons the United States lags behind when it comes to economic growth, job creation, and competitiveness. Without pro-growth tax reform, our workers and our businesses will continue to suffer.

Reduced marginal tax rates on individuals and business fosters growth every time.

I think a flat tax has merit. Anything would be better than the current tax code.

If you flatten out the tax rates... and you start eliminating the different write-offs that are allowed to take place there, you make it so the special exemptions have gone away. It's better for business, and it's better for Montana.

I believe we need a balanced, bipartisan approach to debt reduction that includes a combination of spending cuts, investments in economic growth, and simplification of the tax code that closes corporate loopholes that incentivize companies to ship jobs overseas.

I know a bit about taxation and the remarkable effort that goes in to avoiding it.