Quotes About Loopholes

We do live in an environment of crony capitalism, and the main reason we do is that loopholes are for sale, and both parties have their hands out through those loopholes.

I was half lawyer; I always noticed the loopholes.

Lawmakers who support CISA will tell you the bill includes some privacy protections. They're right. But these 'protections' are superficial and include broad loopholes that are so far-reaching as to render the protections meaningless.

The McCain-Feingold limit on how much you give a candidate didn't really work because people found ways to get around it.

The corporations who invest in lobbyists, it pays in terms of tax loopholes, tax subsidies, all the rest. It pays. Clearly, the money has a big effect.

I'm not saying my mother didn't like me, but she kept looking for loopholes in my birth certificate.

It is nonsense for the Government to allow any loopholes for religious homophobia. Bigotry is bigotry whether it's dressed up in the language of faith or not.

Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.

Foreign agents are taking advantage of loopholes in our laws.

I do see great opportunity to make reforms to our tax code, making it simpler, fairer and removing corporate loopholes.

I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.

The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.

If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.

Get rid of the preferences and the special deductions and the loopholes... and invest in getting the tax rate to a competitive level so we stop seeing companies move off shore.

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 Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.

Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.

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 Reagan tax reform delivered real fairness, closing loopholes for Washington special interests so that all Americans could keep more of their hard-earned paychecks.

Developing countries can make great strides towards more progressive and effective taxation and spending through action within their own borders. But the damage caused by exemptions, loopholes, and tax havens requires action beyond national borders - it requires international action and cooperation.

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

My goal in getting rid of tax loopholes is not to raise taxes. Our problem in Washington, D.C. is not a revenue problem, it is a spending problem.

The rationale for eliminating the alternative minimum tax is that such a backup system should not be necessary if the tax code is fundamentally fair and eliminates all the loopholes that made it possible for high-income taxpayers to escape taxation in the first place.

A corporation can do many things that an employee cannot, like pay expenses before paying taxes. That is a whole area of expertise that is very exciting. Employees earn and get taxed, and they try to live on what is left. A corporation earns, spends everything it can, and is taxed on anything that is left. It's one of the biggest legal tax loopholes that the rich use.