News

Senators’ plan has “great promise,” and seen as “excellent start”

Yuval Levin: “[T]he general outline is a very pro-growth reform of the business tax code alongside a version of the pro-growth and pro-family reform of the individual tax code …” (Yuval Levin, Op-Ed, “The Next Conservative Tax Reform,” NRO, 9/23/14)

• Levin: “In terms of both policy and politics, this combination of business and individual tax reforms would seem to have great promise.” (Yuval Levin, Op-Ed, “The Next Conservative Tax Reform,” NRO, 9/23/14)
• Levin: “[T]he approach they lay out seems like a plausible general outline for the next conservative tax reform.” (Yuval Levin, Op-Ed, “The Next Conservative Tax Reform,” NRO, 9/23/14)

Reihan Salam: “The good news is that a small number of elected conservatives, led by Utah Sen. Mike Lee and Florida Sen. Marco Rubio, have been pointing the ways towards a GOP worth supporting.” (Reihan Salam, Op-Ed, “How Corporate Tax Reform Can Combat Crony Capitalism,” NRO, 9/23/14)

• Salam: “[Senators] Lee and Rubio have outlined a new tax proposal that is a much bigger deal than it appears to be at first glance.” (Reihan Salam, Op-Ed, “How Corporate Tax Reform Can Combat Crony Capitalism,” NRO, 9/23/14)
• Salam: “[I]t is Lee and Rubio’s approach to overhauling corporate taxes that deserves particularly close attention. … If Lee and Rubio follow through on all of these steps, they will spark a revolution in the way business is done in America.” (Reihan Salam, Op-Ed, “How Corporate Tax Reform Can Combat Crony Capitalism,” NRO, 9/23/14)
• Salam: “In a few short months, these two lawmakers have gotten off to an excellent start. If congressional Republicans are to ever deserve the support of rank-and-file conservatives across the country, they should follow Lee and Rubio’s lead.” (Reihan Salam, Op-Ed, “How Corporate Tax Reform Can Combat Crony Capitalism,” NRO, 9/23/14)

AEI’s James Pethokoukis: “Lee and Rubio offer smart, modern tax reform” (James Pethokoukis, “Lee and Rubio offer smart, modern tax reform,” AEI, 9/24/2014)

• Pethokoukis: “Republicans Mike Lee and Marco Rubio have sketched out an ambitious tax reform plan to boost business spending and increase take-home pay for America’s beleaguered middle-class families.” (James Pethokoukis, “Lee and Rubio offer smart, modern tax reform,” AEI, 9/24/2014)
• Pethokoukis: “The senators have fashioned a pro-growth, pro-family, pro-innovation plan rooted in economic and political reality that deserves serious consideration as a key element in any agenda for reenergizing the American economy.” (James Pethokoukis, “Lee and Rubio offer smart, modern tax reform,” AEI, 9/24/2014)
• Pethokoukis: “But developing a real-world tax reform plan — one that boosts family incomes, makes American companies more competitive, invests in human and business capital, simplifies the code, increases GDP growth, and achieves revenue neutrality without unrealistic assumptions — is tricky business. The Lee and Rubio plan — at least as outlined — already ticks a lot of those boxes.” (James Pethokoukis, “Lee and Rubio offer smart, modern tax reform,” AEI, 9/24/2014)

Americans for Tax Reform (ATR): “These tax proposals are a great contribution to the current tax debate and anyone serious about tax reform should support these measures.” (Jesus Rodriguez, “Rubio-Lee Tax Reform Plan Good for Growth, Good for Families,” ATR, 9/23/14)

• ATR): “ATR is supportive of three important components of their proposed tax plan.” (Jesus Rodriguez, “Rubio-Lee Tax Reform Plan Good for Growth, Good for Families,” ATR, 9/23/14)
• “ATR supports reducing the business tax rate. … ATR supports Rubio and Lee’s full expensing tax relief proposal. … ATR supports Rubio and Lee’s territorial taxation proposal.” (Jesus Rodriguez, “Rubio-Lee Tax Reform Plan Good for Growth, Good for Families,” ATR, 9/23/14)

YG Network: “Simplifying the tax infrastructure to just two income tax brackets—15% and 35%—would eliminate unfair deductions. [link]” (YG Network, Twitter, 9/23/2014)

• YG Network: “Eliminating the marriage and parent tax penalties will help hard working American families gain an economic foothold. [link]” (YG Network, Twitter, 9/23/2014)
• YG Network: “We need pro-family, pro-growth tax reform that benefits working middle-class families. [link]” (YG Network, Twitter, 9/23/2014)

Ramesh Ponnuru: “The result of this reform would be a simpler business tax system, more investment in the U.S. and less corporate debt.” (Ramesh Ponnuru, “Obama Is Inverted on Inversions,” Bloomberg, 9/23/2014)

Steve Forbes: “Senators Lee and Rubio propose something closer to a #FlatTax [link]” (Steve Forbes, Twitter, 9/23/2014)

CNBC’s Larry Kudlow: “[G]ood start …” (Larry Kudlow, Twitter, 9/23/2014)

The Daily Caller: “Lee And Rubio Outline Ambitious Plan To Reform Tax Code” (Rachel Stoltzfoos, “Lee And Rubio Outline Ambitious Plan To Reform Tax Code,” The Daily Caller, 9/23/14)

Tax Foundation’s Andrew Lundeen: “Plenty to like in the Rubio/Lee business tax reforms: [link]” (Andrew Lundeen, Twitter, 9/23/2014)

American Council for Capital Formation’s Margo Thorning: “Senator @marcorubio & @SenMikeLee’s #taxreform plan will spur US investment…” (Margo Thorning, Twitter, 9/23/2014)

YG Network’s April Ponnuru: “Very important piece by [Sens. Mike Lee and Marco Rubio]. Conservatives can and should be pro-growth AND pro-family. [link]” (April Ponnuru, Twitter, 9/23/2014)

Real Clear Politics’ Nicholas G. Hahn III: “Spot on …” (Nicholas G. Hahn III, Twitter, 9/23/2014)

Texas Public Policy Foundation’s Vance Ginn: “How to provide pro-growth tax reform. The general direction of a flatter national income tax rate is wise. [link]” (Vance Ginn, Twitter, 9/23/2014)

Michael Medved: “I love your tax reform proposal. I think it’s just what’s needed to maybe get us off the dime and get us moving in the right direction.” (Michael Medved Interview with Senators Marco Rubio and Mike Lee, “The Michael Medved Show,” YouTube, 9/23/2014)

• Medved: “Radical and very encouraging …” (Michael Medved Interview with Senators Marco Rubio and Mike Lee, “The Michael Medved Show,” YouTube, 9/23/2014)
• Medved: “One of the things I love Senator Rubio is this follow on to some previous, very imaginative, very dynamic anti-poverty proposals that you have put on the table.” (Michael Medved Interview with Senators Marco Rubio and Mike Lee, “The Michael Medved Show,” YouTube, 9/23/2014)