Wednesday, June 12, 2024
Hawai'i Free Press

Current Articles | Archives

Sunday, April 15, 2012
Lingle to Focus on Comprehensive Tax Reform
By News Release @ 2:18 PM :: 7297 Views :: Energy, Environment, National News, Ethics


News Release from

Governor Linda Lingle announced today that if she is elected to the U.S. Senate, she will focus on comprehensive tax reform and refrain from political gimmicks like the so-called "Buffett Rule."

"It pains me to see that on the eve of Tax Day (April 17, 2012), Senators in Washington are playing political games by scheduling a procedural vote on S. 2230, which its authors describe as 'a bill to reduce the deficit by imposing a minimum effective tax rate for high-income taxpayers.' Knowing full well the measure does not have the support it needs to pass, the procedural vote was deliberately set up to let this measure fail," Gov. Lingle said.

"Once again, Congress was presented with an opportunity to provide meaningful bipartisan tax reform to the people of Hawaii and our nation, but instead it chose to squander this time for political gain," Gov. Lingle added.

The Monday April 16 procedural vote in the U.S. Senate is scheduled after Congress' own Joint Committee on Taxation, which provides the official Congressional analysis of tax legislation, estimated that S. 2230 would generate an average sum of just $4.7 billion per year. To put this in perspective, if our federal government collected $4.7 billion per year for the next 250 years (which is longer than we have been a nation), the amount would not even cover the 2012 deficit, which the nonpartisan Congressional Budget Office estimates to be at least $1.2 trillion.

"In partnership with the private sector, government can spur job creation by instilling the certainty and confidence necessary for businesses to invest and to hire employees, and I am committed to do just that if elected as Hawaii's next U.S. Senator," Gov. Lingle said.

"I will not squander the people of Hawaii's time and resources by engaging in this kind of partisan gamesmanship when it comes to any issue, especially tax reform and addressing the nation's exploding debt. Instead, I will advocate for meaningful, comprehensive tax reform that brings down the rate for all taxpayers while retaining the most important deductions such as the mortgage interest and charitable contributions. Through these reforms, we will actually collect more revenue with a much broader tax base with everyone paying at a fair and simpler rate." Gov. Lingle added.

# # # #


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii