Scott Hodge Quotes
You're foursquare in a dilemma if you want to broaden the base and lower tax rates. If you broaden the base, you raise taxes on people who pay nothing, and if you lower rates you cut taxes for the rich.
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Foursquare | Dilemma | Broaden | Base | Rates |
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If you were to look at Alaska simply with its corporate tax code compared to the rest of the United States, it would rank very poorly because it's a very complicated corporate tax system, very high tax rates, but that is offset and balanced by the fact that Alaska does not have a personal income tax and does not have a sales tax.
- Scott Hodge
These findings raise serious questions about the future of the U.S. income tax system. The majority of the federal tax burden is being borne by a shrinking pool of taxpayers. As Congress considers tax reform proposals during the coming year, this is an issue lawmakers should begin to debate.
- Scott Hodge
