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Public Statements

On The Issues - Economy And Taxes

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On The Issues - Economy And Taxes

According to the nonpartisan Tax Foundation, Minnesota taxpayers had to work until May 3rd of 2006 (ranked 5th highest nationally) just to pay their total tax bill. This is unacceptable. I will work tirelessly to put hard earned money back in taxpayers' pockets - where it belongs - not in the hands of Washington bureaucrats. We cannot tax and spend our way to prosperity.

Cutting taxes across the board creates an opportunity for all Americans and fosters an atmosphere of innovation to help spur investment, economic growth and job creation. I will continue to support meaningful tax relief for individuals, families, businesses, and farms, such as:

* Making President Bush's tax cuts permanent
* Personal tax rate reductions
* Permanent repeal of the Death Tax
* Further reduction of the Marriage Penalty Tax
* Elimination of the Alternative Minimum Tax
* Capital gains tax reduction
* Simplification of the tax code.

I believe the changes brought about by these tax relief provisions will provide important tax reductions for all American families, small businesses, and farmers, and will continue to ensure that our economy remains the most competitive in the world. I will continue to support a conservative platform of smaller government, fewer government regulations and reduced taxes for hard working Americans.

http://www.michelebachmann.com/article.asp?ARTICLEID=74

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