I have not heard the Tea Party call for the ban of all tax expenditures. Can you provide a link?
I bet a Tea Partier would scream like a welfare queen if you threatened the mortgage interest deduction which adds $120 billion a year to the deficit.
You have not heard anything about TP except what you have been fed by LSM. And they have lied and lied and lied. And you are parroting those lies again and again and again.
stop clinging to the minor single measure of tax expenditures. It is not going to solve anything.
In order to change the way the revenue is collected - we need a tax overhaul.
this is just one of the many I can provide the links to:
Simple, Low, Fair, and Honest: a Tea Party Tax Code | TheBlaze.com
Simple, Low, Fair, and Honest: a Tea Party Tax Code
Apr. 20, 2012 3:24pm
Step 1: Scrap the code. Entirely. It’s not as impossible as it might sound. Even Obama’s own Bipartisan Deficit Commission, the so-called Simpson-Bowles Commission, called for tax reform that would lower rates and do away with many of the deductions and loopholes currently infecting the code. Not surprisingly, Obama ignored it.
Step 2: Establish a single, flat rate on personal and business income. Again, this isn’t as fantastic as it might sound. The key is in the process. You’ve probably heard that Warren Buffett pays a lower tax rate than his secretary. Let’s just assume this is true. Billionaires like Buffett, and even millionaires like Nancy Pelosi and Mitt Romney, can afford an army of tax lawyers to comb every word in the 3.6-million-word tax code looking for their deductions and loopholes. Can you afford such an army?
By eliminating every single deduction, credit, penalty, and loophole, we can erase the tax code’s inherent unfairness, which only benefits the Buffetts, Pelosis, and Romneys. Not only will this raise revenues, it will ensnare the tax cheats, expanding the nation’s taxable base. Next, you lower the rates considerably, doing away with brackets, until we have a single flat tax rate. In one popular flat tax proposal, a family of four would have the first $33,800 of its income tax free; any amount above this would be taxed at 17 percent – for everyone. No deductions, no loopholes.
Step 3: Do the same thing with corporate taxes. Right now, the U.S. has the highest corporate tax rate in the developed world. Even Obama has suggested it needs to go down. Like the individual flat tax, with the business flat tax income would be taxed once and only once. Businesses would calculate total revenue, subtract total expenses, and pay a flat tax on that amount.
Step 4: File your taxes on a postcard.
Step 5: Use all the time and money you’ve saved in the full pursuit of life, liberty and happiness.
That’s what a simple, low, fair, and honest tax code would look like.
Many accuse the Tea Party of simply wanting lower taxes. We do, but lower rates are just part of fundamental tax reform. Many accuse the Tea Party of favoring the wealthy. These people have obviously never been to a Tea Party rally before. In fact, what the Tea Party wants is fairness – and not the faux class warfare “fairness” espoused by the Occupy Wall Street crowd.
Tax Reform - The Villages Tea Party
http://www.kingwoodteaparty.com/opportunity-conservatism/pos1-tax-reform/