U.S. Senate candidate David Dewhurst released the following statement on Tax Day, discussing the need to go to Washington to cut taxes and grow the economy:
"Taxes are too high and Americans pay too many of them," said David Dewhurst. The last thing we need in Washington during these difficult times are higher taxes. Too often, the federal government tells job creators to "Open your Wallet' and pay us more. I will take my proven record of cutting taxes in Texas to Washington and push to cut the corporate tax rate in half, cut personal income taxes for all Americans, and repeal the death tax."
The U.S. currently has the highest corporate tax rate in the world and according to the Heritage Foundation, 18 new taxes from Obamacare will begin next year, leading to a $494 billion tax increase. In addition to cutting the corporate tax rate in half and cutting personal income taxes, Dewhurst believes we need cut federal taxes across the board, for individuals and businesses. Dewhurst has also stressed the need to simplify our tax code so it's flatter, fairer, and easier to comply with.
Dewhurst is the only candidate in the race with a track record of successfully defeating and opposing tax increases in Texas. Over the last nine years, Dewhurst has balanced five consecutive budgets without raising taxes and he helped pass the largest tax cut in Texas history for homeowners and businesses. Additionally, Dewhurst is responsible for helping pass 51 pieces of legislation cutting taxes and fees, resulting in a savings of more than $14 billion to Texas taxpayers.