I own that it is a good deal of a mystery to me how judges, of all persons in the world, should put their faith in dicta. A brief experience on the bench was enough to reveal to me all sorts of cracks and crevices and loopholes in my own opinions when picked up a few months after delivery and reread with due contrition.
I don't believe there's a red state in America where people believe you should cut Medicare, Social Security and veterans' benefits rather than doing away with corporate tax loopholes.
I believe we need a balanced, bipartisan approach to debt reduction that includes a combination of spending cuts, investments in economic growth, and simplification of the tax code that closes corporate loopholes that incentivize companies to ship jobs overseas.
The Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.
We can prove that we are in the business of governing responsibly, upholding our rule of law, and giving priority to those immigrants willing to apply legally versus those who leverage our system's loopholes.
Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too much money back in '03 and '04, caused the housing collapse. So we need to take free markets seriously. That means we have to put an end to all these tax credits and tax deductions and loopholes.
Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
We've had enough with loopholes in our gun laws that allow dangerous people to get their hands on guns.
We need to close the tax loopholes that have awarded companies moving out of the country and overseas; we need a government that will keep our country safe from terrorists at home and abroad... and a government that is responsive to the needs of the people.
