But, as his wealth grew, he began to favor tax-averse Republican economic policies.
Some tax loopholes are good (I favor tax breaks for charitable giving, marriage and having kids), but most of them are a classic case of everything conservatives hate: government capture by private interest, government control of private initiative, and all in secret.
For example, Dems could favor the tax expensing of business equipment over depreciation.
When it comes to tax reform, I favor the Purple Tax at www.thepurpletaxplan.org.
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So, why does President Obama continue to favor a tax increase for the wealthy rather than capping their deductions and exemptions?
In fact, according to a recent survey by the New York Enterprise Report of 100, 000 entrepreneurs, 85% are in favor of tax reform.
The CRS study is often referenced directly and indirectly by those who favor higher tax rates as part of the overall solution to federal deficits.
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He is citing, I guess among other things, some Gallup poll that says that people favor lower tax rates and tax reform, doing stuff to strengthen entitlement programs, and cutting government spending.
He favors abolishing the income tax in favor of a national sales tax.
Indeed, Ryan rightly says there is a bipartisan consensus in favor of such tax reform.
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Will, as the draft report suggests, the FAFSA form be eliminated in favor of using tax returns combined with a small, post-card-sized application form to evaluate need?
Canada had a similar manufacturing tax preference for three decades but scrapped it as of this year in favor of a lower tax rate for all companies.
Whenever any politician argues in favor of a higher tax burden, just keep these two points in mind.
The tax court ruled in favor of the IRS agreeing that Holsinger did not qualify for trader tax status.
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Smith (attorney, Tennessee) in States are in Favor of the Estate Tax.
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None speak in favor of the payroll tax cut extension.
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As a result, in March 2001, Greenspan known as a strong proponent of reducing the national deficit testified in favor of a Bush tax cut, a move for which he was later criticized.
And somewhere along the line, the straight talk express lost some wheels and now he is in favor of extending Bush tax cuts that went to some of the wealthiest Americans who don't need them and we're not even asking for them.
CNN: Transcript of Thursday's Democratic presidential debate
Although I find the childish attacks from the anti-government brigade annoying, there is a reasonable debate to be had over the appropriate role of government in society. (I favor a direct soda tax over regulation.) More frustrating are the latter complaints, which defy both common sense and scientific data.
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The vote this week to make these very same tax cuts permanent received overwhelming support from House Democrats, who cast 172 votes in favor of very likely ending middle class tax increases during our lifetime and they did so at the specific behest of the same Democratic president who many argue is committed to creating the American welfare state.
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The overwhelming penchant of the IRS is to come out in favor of withholding and employment tax.
Do you favor giving Yasser Arafat American tax-dollars if he fails to comply with his agreements with Israel?
Investors, too, have voted in favor of keeping the Bush tax rates and ending the growth of federal spending.
We're in favor of a very large tax credit to enable the poor to have the resources to buy it.
This might include by mandating social performance through environmental standards in real estate, or by using tax credits to favor subsectors like affordable housing.
Our present tax laws absurdly favor foreign-headquartered companies.
Just as businesses have great difficulty competing with government-sponsored enterprises that they are taxed to support, the private development and provision of education and training services is also hampered by regulations and tax levies that favor government school systems.
Tax Court judges have repeatedly held in taxpayers' favor on this issue, although two appeals courts have overturned the Tax Court.
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