Although the October 9 GOP presidential debate at times strayed from its central theme of being about the economy, some of the Republican candidates responded to the moderators questions that indicated they had the right ideas when it came to growing the economy, reducing the tax burden and curbing the growth of government spending.
- Former New York Mayor Rudy Giuliani when asked by Chris
- Sen. John McCain on whether or not our progressive tax system is fair and if it should be reformed: “Sure, it’s fair. Should we – because the bulk of the taxes are paid by wealthy people. Should we reform our tax code, which is completely broken, which no one understands, no living American understands? Absolutely, we should fix our tax code. And we should fix it immediately. And we should have Congress either vote up or down on a freer, fairer, simpler tax code.”
- Former Sen. Fred Thompson on income taxes, the elimination of the alternative minimum tax and the potential of the federal government losing revenue: “Well, in the first place, I don’t buy the concept that any reduction in taxes is lost revenue to the government. The taxpayers haven’t lost it. It’s in their pocket. They know exactly where to find it. We shouldn’t confuse the wealth of government with the wealth of nations. Just because the money’s sent to
- Former Massachusetts Governor Mitt Romney on ending the employer-based health care system and replacing it with something else would be a smart idea: “Well, I don't believe in replacing what we have, but I believe in improving it. And the way we improve something is not by putting more government into it – of course, that's what Hillary Clinton wants to do. Hillarycare is government gets in and tells people what to do from the federal government’s standpoint. In my view, instead – the right way for us to go is to bring in place the kind of market dynamics that make the rest of the economy so successful.”
- Former New York Mayor Rudy Giuliani on if
- Former Massachusetts Governor Mitt Romney on the same question - if