Alexander on Taxes

Note: This section contains more than one position statement.


January: Alexander on tax proposals

Excerpt from speech at Portsmouth on 1/18/1996, recorded and transcribed by Michaleen Driscoll of UNH

We need a new tax system, my idea of a new tax system, the kind I believe a common sense conservative would propose, would be one with on lower rates, on income, on inheritence, and on capital gains and many fewer deductions. That would be much simpler, that would make sense. I had the opportunity Saturday in our debate in Iowa with the other candidates, to suggest to Iowans something I'll suggest to you, you might want to take the time as I have, to read the fine print in the Forbes Flat Tax plan. Uh, we got to about our third question in the debate, and Mr. Forbes had given the tax, his tax plan as a solution from everything from improving racial harmony to-to improving the schools. And I suggested to the Io-the the Iowans, that after I read the fine print, I had concluded that it was a truly nutty idea in the tradition of Jerry Brown. Because it would begin by wiping out the mortgage interest rate deduction and knocking down, uh, the value of your farm and your home by ten to twenty-five percent. It hasn't been long ago since New Hampshire went through a difficult real estate crash and you might want to think about having another one. It would also wipe out the charitable deduction, just at a, at a time I think we think we need to encourage more neighborhood charity, charity and less Washington welfare. It would be a middle-income tax increase, it would, it looks like and it would absolutely sink at balancing the budget. Now that doesn't sound to me like a common sense conservative tax cutting plan.

From Campaign Literature, June, 1995

Taxes: Federal taxes are too high already. Those who would solve the deficit problem by raising them higher couldn't be more wrong. It's the spending side that needs our full attention. Taxes need simplifying and some of them need lowering. Our goal should be to shrink the federal government and put more in the pockets of the American people. I would sign a capital gains tax cut in a minute because, as someone who has helped start a business, I know how many jobs it would create.