The Reform Party wishes to balance the budget by addressing these issues, and raising revenue by cutting
special interest tax loopholes.
There would be
no special interest tax loopholes and the government would not be picking winners and losers in the market.
Not exact matches
Trump riffed that closing
loopholes and reducing the complexity from the
tax system might cost him personally, but said that the complex current
tax code «disadvantages ordinary Americans who don't have an army of accountants while benefitting deep - pocketed
special interests.»
In particular, a White House official told Axios that Trump would call to end «the
special -
interest loopholes that have only benefited the wealthy and powerful few» so the president could pay for
tax cuts.
With a smaller
tax - cutting budget available, and with little revenue available from closing «
special -
interest loopholes» despite Trump's rhetoric, Republicans will have to choose among
tax benefits for four groups:
These
special interests fight a difficult battle, because they are always vulnerable to the accusation of «
special treatment» by the government (we have all heard about the oil company
tax loopholes).
It would be easier to implement and enforce, it would prevent
special interests from opening up
loopholes and it would create an opportunity to cut
taxes.