Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
Virginia 's tax system needs to be fixed. The time to act is now. Do not send me any more studies. Do not send me another piecemeal approach that confuses tinkering with real reform.
I am outraged that a House member has tried through this provision to breach the traditional confidentiality of individual Americans' tax returns. There is no reason for this measure, and this last-minute act violates all principles of judgment and common sense.
You can't be evangelical and associate yourself with Jesus and what he says about the poor and just have no other domestic concerns than tax cuts for wealthy people.
Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.
I don't believe we need the government's help as much as some think we do. That belief sets me apart from the Democrats, since their way of dealing with everything is to tax and spend.