Republican presidential candidate Carly Fiorina stated that the tax code needs to be cut down “to about 3 pages” and in order do that “we’re going to lower every rate, and close every loophole” on Thursday’s “Sean Hannity Show.”
Fiorina stated, “We now have a 73,000-page tax code. And you know what that does? It advantages the big, the powerful, the wealthy, and the well-connected. Because only big companies, powerful interests, and wealthy and well-connected people can hire all the lobbyists, accounts, and lawyers you need to figure out that 73,000-page tax code and how to make it work for you. So, we’ve got to get it down to about 3 pages, literally. So that a small business owner doesn’t need to hire anyone, he or she can figure it out. So that a family doesn’t have to labor over some online program to figure out their [taxes]. Three pages requires us, fundamentally, as a design principle, to say we’re going to lower every rate, and close every loophole. Most of the loopholes benefit the wealthy and the well-connected, not the middle class, and certainly not the small-business owner.”
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