Americans for Tax Reform

Statement from Grover Norquist on the Ongoing Campaign to End the Inflation Tax on Capital Gains

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Posted by Americans for Tax Reform on Thursday, September 12th, 2019, 11:34 AM PERMALINK


“Ending the inflation tax on capital gains has broad and deep support. White House economists, congressional Republicans, free market groups and the business community – U.S. Chamber, NFIB, and groups from all 50 states – will continue to push this initiative forward and get it enacted before the 2020 election.

It is wrong for the government to tax inflation. Ending the inflation tax will help create jobs and raise wages. ATR will continue to highlight the tens of millions of Americans who will benefit directly from ending the inflation tax, many of whom live in Florida, Pennsylvania, Michigan, Ohio, Wisconsin, and Minnesota.

Good policy is good politics.”

Photo Credit: Gage Skidmore


List: Support for Ending the Inflation Tax on Capital Gains

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Posted by Americans for Tax Reform on Wednesday, September 11th, 2019, 12:30 PM PERMALINK

Grover Norquist and Americans for Tax Reform

Club for Growth

National Federation of Independent Business

United States Chamber of Commerce

FreedomWorks

National Taxpayers Union

Small Business & Entrepreneurship Council

Republican Study Committee

American Conservative Union

American Farm Bureau Federation
60 Plus Association  

Asian American Hotel Owners Association

Tax Foundation

Sen. Ted Cruz (R-Texas) 

Sen. Pat Toomey (R-Pa.)

Sen. Rand Paul (R-Ky.)

Sen. John Cornyn (R-Texas)

Sen. Kevin Cramer (R-N.D.)

Sen. Steve Daines (R-Mont.)

Sen. John Barrasso (R-Wyo.)
Sen. Marsha Blackburn (R-Tenn.)
Sen. Roy Blunt (R-Mo.)
Sen. John Boozman (R-Ark)

Sen. Mike Braun (R-Ind.)
Sen. Richard Burr (R-N.C.)

Sen. Cindy Hyde-Smith (R-Miss.)

Sen. James Inhofe (R-Okla.)

Sen. Ron Johnson (R-Wis.)

Sen. John Kennedy (R-La.)

Sen. James Lankford (R-Okla.)

Sen. James E. Risch (R-Idaho)

Sen. Ben Sasse (R-Neb.) 

Sen. Chuck Schumer (D-N.Y.)

Sen. Thom Tillis (R-N.C.)

Sen. Roger F. Wicker (R-Miss.)

Mark Meadows, Chairman of House Freedom Caucus

Newt Gingrich -- Fmr. Speaker of the House, Fmr. House Minority Whip
ALEC Action

American-Chinese Fellowship of Houston

American Commitment

American Consumer Institute

American Civil Rights Union
American Encore
America Fighting Back PAC
America’s Liberty PAC
Association of Mature American Citizens 
Beaman Automotive Group
Rachel Bovard – Fmr. Policy Director, Senate Steering Committee 
Campaign for Liberty 
James Carter – Fmr. Deputy Assistant Treasury Secretary 
Center for Energy and Environment
Center for a Free Economy 
Center for Freedom and Prosperity
Center for Individual Freedom 
Center for Military Readiness
Center for Worker Freedom 
Citizens Against Government Waste 
Citizen Outreach (Nevada) 
Civitas Institute (North Carolina)
Coalition of Franchisee Associations
Coalitions for America
Myron Ebell, Competitive Enterprise Institute
Conservative Action Project
Coalition for a Fair Judiciary
Conservatives of Faith
The Conservative Caucus
ConservativeHQ.com
Conservative Victory Fund
Constitutional Congress, Inc.
Consumer Action for a Strong Economy 
Charles J. Cooper, Assistant Attorney General under Ronald Reagan
Ed Corrigan – Fmr. Executive Director, Senate Steering Committee
T. Kenneth Cribb, Jr. -- Fmr. Chief Domestic Advisor
Fmr. Sen. Jim DeMint (R-S.C.)
Digital Liberty  
Family Business Coalition 
Family Research Council
First Liberty Institute

Florida Center-Right Coalition

Freedom Foundation of Minnesota

Frontiers of Freedom

Rebecca Hagelin -- Columnist, The Washington Times

The Heartland Institute

Florida state Representative Mike Hill (R)

Hispanic American Center for Economic Research

Hispanic Leadership Fund

Donald Hodel -- Fmr. Secretary of Energy and Secretary of Interior

Independent Women’s Voice

Institute for Liberty

Institute for Policy Innovation

The James Madison Institute (Florida)

Congressman Jim Jordan (R-Ohio)

Congressman Devin Nunes (R-Calif.)

D. James Kennedy Ministries

Larry Kudlow -- Director of the National Economic Council

Law Enforcement Legal Defense Fund
Morton Blackwell
Less Government 
Let Freedom Ring, Inc

March for Life Action

Market Institute

The Martin Foundation
The Martin Organization, Inc.
Massachusetts Center-right Coalition

Edwin Meese III -- Fmr. Attorney General under Reagan

Minnesota Center-Right Coalition

Mississippi Center for Public Policy

Missouri Center-Right Coalition

Montana Center-Right Coalition

Deroy Murdock -- NRO Contributing Editor

National Federation of Republican Assemblies (NFRA)

New Hampshire Center-right Meeting

Becky Norton Dunlop -- Fmr. White House Advisor

NYS Conservative Party
Ohioans for Tax Reform 
Jack Park -- Conservative Activist and Donor
Pegasus Institute (Kentucky)
Vice President Mike Pence

Phyllis Schlafly Eagles

Property Rights Alliance

Charlie Gerow, President of Quantum Communications (Pennsylvania)

Reaching America

The Reagan Legacy Forum

Rhode Island Center for Freedom and Prosperity

Richard Rahn -- Chairman, Institute for Global Economic Growth

Rio Grande Foundation (New Mexico)

Taxpayers Protection Alliance

Tea Party Express

Tea Party Patriots Action

There’s Hope America Inc.

Tradition, Family, Property, Inc.

Mary Vought -- Executive Director, Senate Conservatives Fund
We the People Convention
Women for Trump
Ron Robinson, President of Young America’s Foundation

 

Photo Credit: GotCredit


State Of State Governments: Growing In Some States, Shrinking In Others

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Posted by Americans for Tax Reform on Friday, August 30th, 2019, 3:41 PM PERMALINK

Today Americans for Tax Reform released an updated list of states ranked by their size of state government, using state spending as a percentage of state GDP as the metric for comparison.

When looking at how the size of all 50 state budgets compares to the size of those state economies, ATR included both general fund spending and federal transfer funds included in state budgets, which comprised more than 30% of total state expenditures in 2017, the most recent year for which data is available.

In addition to looking at the size of all 50 state governments today, ATR examined how the size of all 50 state governments has changed over the past decade. 

50 States Ranked By Size (State Spending/State GDP)

 

1. West Virginia (23.3%)

2. New Mexico (20.8%)

3. Arkansas (20.3%)

4. Alaska (18.9%)

5. Mississippi (18.5%)

6. Oregon (17.7%)

7. Vermont (17.0%)

8. Hawaii (16.4%)

9. Kentucky (16.3%)

10. Rhode Island (14.9%)

11. Delaware (14.8%)

12. Montana (14.8%)

13. Wisconsin (14.6%)

14. Maine (13.4%)

15. North Dakota (13.2%)

16. Arizona (12.9%)

17. Alabama (12.6%)

18. Oklahoma (12.4%)

19. Iowa (12.4%)

20. Connecticut (11.9%)

21. Louisiana (11.9%)

22. Wyoming (11.8%)

23. South Carolina (11.1%)

24. Maryland (10.9%)

25. Michigan (10.8%)

26. Pennsylvania (10.7%)

27. Minnesota (10.6%)

28. Ohio (10.6%)

29. Colorado (10.5%)

30. Idaho (10.3%)

31. Massachusetts (10.3%)

32. Nebraska (10.0%)

33. New Jersey (9.9%)

34. Virginia (9.9%)

35. New York (9.8%)

36. Kansas (9.7%)

37. Tennessee (9.4%)

38. California (9.3%)

39. Indiana (9.1%)

40. North Carolina (8.9%)

41. Nevada (8.9%)

42. Georgia (8.8%)

43. Utah (8.6%)

44. Washington (8.6%)

45. South Dakota (8.5%)

46. Missouri (8.4%)

47. Illinois (8.2%)

48. Florida (7.8%)

49. New Hampshire (7.3%)

50. Texas (6.7%)

Fastest Growing State Governments Of The Past Five Years

These ten states had the greatest increase in state spending as a percentage of GDP from 2012-2017 (% growth in size of state government): 

  1.    Nevada (48.86%)                                             6.   Kentucky (12.17%)
  2.    New Mexico (26.65%)                                     7.   Arkansas (6.80%)
  3.    Arizona (22.96%)                                             8.   Connecticut (5.87%)
  4.    Oregon (14.41%)                                              9.   New Jersey (5.68%)
  5.    North Dakota (12.24%)                                   10.  Hawaii (5.44%)

 

Fastest Shrinking State Governments Of The Past Five Years 

These ten states had the greatest decline in state spending as a percentage of GDP from 2012-2017:

  1.    West Virginia (-26.21%)                                   6.   Maine (-12.83%)
  2.    Wyoming (-21.37%)                                         7.   South Carolina (-12.14%)
  3.    North Carolina (-21.15%)                                 8.   Tennessee (-11.94%)
  4.    Massachusetts (-20.11%)                                  9.   Alaska (-7.77%)
  5.    Pennsylvania (-19.20%)                                   10.  Utah (-6.54%)

 

 

Source of information: Bureau of Economic AnalysisNational Association of State Budget Officers

Photo Credit: Fourth Photography


Tate Reeves Wins Gubernatorial Primary In Mississippi, Remains Only Candidate In The Race To Rule Out Tax Hikes

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Posted by Americans for Tax Reform on Wednesday, August 28th, 2019, 5:15 AM PERMALINK

Mississippi Lt. Governor Tate Reeves won yesterday’s Republican gubernatorial primary runoff with 54% of the vote. Reeves now advances to the general election in November, when he will face the Democrats’ nominee, Attorney General Jim Hood.

“There will be a stark contrast at the top of the ballot in Mississippi this November,” said Grover Norquist, president of Americans for Tax Reform. “With Tate Reeves, Mississippi voters have a proven conservative, one who has already worked hard to enact pro-growth tax relief and committed to opposing any and all future efforts to hike taxes.”

While both Reeves and Hood are competing to succeed Governor Phil Bryant (R-Miss.), Tate Reeves is the only candidate in the race who has ruled out tax hikes like Governor Bryant has. Jim Hood, by contrast, has made it clear that tax hikes are on the table for Mississippi families and employers if he were to be elected this fall.

Tate Reeves is a signer of the Taxpayer Protection Pledge, a written commitment to Mississippi taxpayers that he will oppose and veto any and all efforts to hike state taxes if elected the next Governor of Mississippi. Hood refuses to make this same commitment to Mississippi taxpayers.

In addition to Lt. Governor Tate Reeves and Governor Phil Bryant, 10 other sitting governors are signers of the Taxpayer Protection Pledge, as are 47 U.S. Senators and 160 current members of the U.S. House of Representatives. Pledge signers include Senate Majority Leader Mitch McConnell, House Minority Leader Kevin McCarthy, and House Minority Whip Steve Scalise.

Photo Credit: Christopher Meredith


Norquist Praises Trump's Comments on Indexing Capital Gains Taxes

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Posted by Americans for Tax Reform on Tuesday, August 20th, 2019, 5:39 PM PERMALINK

American taxpayers should be encouraged by President Trump’s recent remarks on indexing capital gains taxes to inflation. As he said, “Indexing is something that a lot of people have liked for a long time and it is something that would be very easy to do. A lot of people have been talking about indexing for many years. It is something that I am certainly thinking about. I can say that a majority of the people in the White House, at the level that does this kind of thing, they like indexing. So it is something I’m thinking about.”

Indexing capital gains taxes to inflation will build on the success of the Tax Cuts and Jobs Act in growing the economy and increasing the wealth of American middle-class families. Taxing inflation is wrong and unfair.

ATR President Grover Norquist applauded President Trump’s comments today saying, “Today, President Trump endorsed a powerful action to further grow the American economy—to end the taxation of inflation on capital gains. This would greatly strengthen the American economy.”

There is already broad support among conservative groups for indexing capital gains. A coalition of 51 conservative groups sent President Trump a letter in January urging him to end the inflation tax on savings and investment saying “American families and job creators should not have to pay taxes on phantom income.”

Sen. Ted Cruz and twenty other Republican senators recently sent a letter that urged Secretary Steven Mnuchin to “eliminate inflationary gains from the Department of Treasury’s calculation capital gains tax liability.”

Trump has the authority to index cap gains, as shown by ATR’s legal memo here.

Photo Credit: Gage Skidmore- Flickr

More from Americans for Tax Reform


Tate Reeves Signs Taxpayer Protection Pledge

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Posted by Americans for Tax Reform on Wednesday, July 31st, 2019, 6:58 PM PERMALINK

Mississippi Lieutenant Governor Tate Reeves, who is now running to be his state's next governor, signed the Taxpayer Protection Pledge this week. By signing the Taxpayer Protection Pledge, Tate Reeves has made a principled, written commitment to all Mississippi taxpayers that, if elected governor this November, he will oppose and veto any piece of legislation that would impose a net tax hike.

“Lt. Governor Tate Reeves has already established himself as one of the nation’s top champions for pro-growth tax relief and conservative reforms. By signing The Pledge to the Mississippi voters, Reeves makes it crystal clear that he will protect individuals, families, and employers across Mississippi from efforts to raise their tax burden if he is elected to be governor this fall” said Grover Norquist, President of Americans for Tax Reform. “Tate Reeves is one of the most hardworking public servants in the country. Thanks to Reeves’ leadership, Mississippi taxpayers have received much-needed income tax relief and the franchise tax, an absurd tax on capital that very few states impose because it is so harmful to economic growth, is on the path to elimination.”

Americans for Tax Reform asks all candidates for state and federal office to sign the Taxpayer Protection Pledge. Lt. Governor Reeves is the first and, as it stands, only candidate running for governor this year who has committed in writing to oppose any and all efforts to raise taxes on Mississippi families and employers.

"Lt. Governor Reeves’ leadership has already made Mississippi’s tax code more conducive to economic growth, job creation, and investment,” Norquist added. “Reeves’ has made it abundantly clear that he is respectful of taxpayers and recognizes what needs to be done to continue improving the Magnolia State’s tax and regulatory climate."

Governor Phil Bryant and 10 other sitting governors are signers of the Taxpayer Protection Pledge, as are 47 U.S. Senators and 160 current members of the U.S. House of Representatives. Pledge signers include Senate Majority Leader Mitch McConnell, House Minority Leader Kevin McCarthy, and House Minority Whip Steve Scalise.

Photo Credit: Christopher Meredith


Happy Birthday, President Trump!

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Posted by Americans for Tax Reform on Friday, June 14th, 2019, 4:11 PM PERMALINK

Today is President Donald Trump’s birthday! Here are six reasons to wish President Trump a happy birthday:

  1. The Tax Cuts and Jobs Act

    • President Trump delivered the most far-reaching pro-growth tax reform legislation in a generation.

    • The Tax Cuts and Jobs Act reduced taxes on American families at every income level and businesses and for businesses large and small. A family of four earning the median income of $73,000 is seeing a federal tax cut of $2,000, while overall tax liability has dropped by almost 25 percent, according to a report from H&R block. 

    • The TCJA also reduced the federal corporate rate from 35 percent (the highest in the developed world) to 21 percent and enacted a 20 percent small business deduction for businesses organized as passthrough entities. This rate reduction has made the U.S. competitive with other countries and has allowed businesses to invest in the economy and in American workers.

    • The Tax Cuts have also grown the economy. The unemployment rate is at 3.6 percent --- the lowest rate since 1969 – and has been below 4 percent for 15 consecutive months. Similarly, nominal average wages have grown by at or above 3 percent for the past 10 months. An average of 196,000 jobs have been created each month over the past year.

  2. The FIRST Step Act 

    • At the end of 2018, President Donald Trump signed the First Step Act, a broadly bipartisan set of prison and sentencing reforms, into law. The law is the product of nearly a decade of justice reform advocacy efforts and includes the most sweeping set of reforms since 2010.

    • The new law incentivizes recidivism reduction programming by providing time release credits to low-risk, non-violent offenders. Under the law, qualified inmates can receive 10 days of credits for every 30 days of recidivism reduction programming. Participants can cash out their credits by going to a halfway house or through in-home confinement. Now that the bill is law, thousands have the opportunity to complete recidivism reduction programming in exchange for time credits.

  3. Nominating Ajit Pai to the FCC

        4. Dismantling Obama's unlawful energy regulations

  • President Trump has been a leader in energy deregulation.

  • The Trump EPA began the process of replacing Obama’s Clean Power Plan (CPP) by proposing their own regulatory framework, the Affordable Clean Energy (ACE) Plan.

  • Obama’s CPP was an economic nightmare. The CPP was projected to cause a 12 to 17 percent increase in electricity prices and would’ve decreased household spending power between $64 and $79 billion, with annual compliance costs projected to reach up to $73 billion. The economic impact on businesses and families would’ve been crippling.

  • According to the EPA’s estimate, replacing the CPP with the ACE rule will net $3.4 billion in benefits, including $400 million annually, and could save up to $6.4 billion in compliance costs.

           5. Modernizing NAFTA

  • Trump has put renegotiating trade deals with other countries at the forefront of his legislative agenda. The United States — Mexico — Canada Trade Agreement (USMCA) updates NAFTA to include new automotive rules, new protections for intellectual property rights, and modernizing agricultural trade to benefit American farmers.
  • According to the report, the USMCA would raise U.S. real GDP by $68.2 billion and create approximately 176,000 American jobs. The report estimates that the USMCA would have a positive impact on all U.S. industry sectors, with the manufacturing and services sectors experiencing the most gains.

6.  Providing greater flexibility and choice within the healthcare system

  • Earlier this week, the Trump administration finalized a rule to expand the use of Health Reimbursement Arrangements (HRAs). This proposal, which was released jointly by the Treasury Department, Labor Department, and Department of Health and Human Services (HHS), will promote employer flexibility and choice in the healthcare system.
  • This rule will allow employers to offer HRAs to their employers to purchase insurance as an alternative to employer provided care. HRA funds are tax free to both the employer and employee and funds roll over year to year. 

  • More than 80 percent of employers currently offer their workers just one choice, and this rule will allow businesses more flexibility to offer their workers’ health insurance coverage. In fact, it is estimated that this new rule will help 11 million workers and 800,000 businesses.

Happy Birthday, President Trump!

Photo Credit: Gage Skidmore


Norquist on Florida drug importation bill: “A bad idea that would damage healthcare”

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Posted by Americans for Tax Reform on Monday, April 22nd, 2019, 3:06 PM PERMALINK

Norquist: “It would damage our ability to innovate for drugs that would cure Alzheimer’s and cancer and heart disease”

Today on Fox Business Network’s Varney & Company, Americans for Tax Reform president Grover Norquist noted the Florida drug importation bill is “one of Bernie Sanders’ ideas” that would cause harm to American healthcare.

Click here to watch Norquist's full interview. 

Norquist said:

For starters it is one of Bernie Sanders’ ideas. The only one of the 50 states that has passed anything like this is Vermont. And it would damage our ability to innovate for drugs that would cure Alzheimer’s and cancer and heart disease because it will import price controls which then make it difficult to get new products to the market.

The rest of the world has damaged their ability to invent new drugs. We invent the drugs. Then they put price controls on them. And some politicians in Florida want to bring those price controls into Florida, a Republican state.”

Instead, Norquist called for FDA reform so that Americans had easier, more affordable access to safe prescriptions:

“There is an important way we can reduce the cost of drugs in the United States and get them to people sooner and get more innovation and solve some of these health problems sooner. And that is to speed up the FDA’s efforts to get new drugs out once they are safe. We did this for AIDS, we’ve done it in the past, we should do it for Alzheimer’s and cancer and other drugs. That would reduce costs. That would get people more health care.”

Norquist urged Florida lawmakers to reject the importation bill:

“Focusing on quick fixes to temporarily reduce prices so that in the future there are fewer new drugs, that’s not only a bad idea that would damage healthcare, hurt healthcare outcomes, and make us less healthy – but it gets in the way of the other things. The opportunity cost of doing stupid things is that you don’t do the smart things like tort reform or speeding up the FDA.”

A recent Wall Street Journal editorial titled “Importing Bad Ideas on Drug Prices” also weighed in against the Florida bill:

“Democrats once pushed importation as disguised price controls, but Republicans who understand markets helped to stop it. With Republicans now aping Democrats, this is a dangerous moment for the world’s most productive and dynamic market for medicine.”

In the editorial, WSJ raised skepticism about the practicality of importation and whether or not it would actually result in savings:

“One question is why Canada would allow the U.S. to siphon its drug stocks. Canada’s drug supply for 37 million residents isn’t brimming with extra products to sell to 21 million Floridians, even on a limited scale.”

Click here to watch Norquist's full interview. 

Photo Credit: Gage Skidmore


Dan Bishop Makes “No New Taxes” Promise in NC-09 Race

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Posted by Americans for Tax Reform on Thursday, April 11th, 2019, 11:47 AM PERMALINK

Americans for Tax Reform (ATR) congratulates NC-09 candidate Dan Bishop for signing the Taxpayer Protection Pledge, which is a written commitment to the people of North Carolina to oppose higher income taxes. While signing the Pledge, Bishop broadened and strengthened the scope of his pledge to the voters of NC-09 by promising to “oppose and vote against any and all tax increases.”

Bishop joins Sen. Thom Tillis, Sen. Richard Burr, and all Republican members of the North Carolina congressional delegation in making this commitment to Tar Heel State taxpayers. 

Dan Bishop currently represents the 39th district, south-central Mecklenburg County, in the North Carolina State Senate. From 2015 to 2017, he served one term in the North Carolina House Representatives and two terms on the Mecklenburg County Commission. In addition to signing the federal Pledge, Bishop also signed the state Taxpayer Protection Pledge as a member of the NC State Legislature.

“The American people are tired of the tax-and-spend policies coming from Washington and they are looking for solutions that create jobs, cut government spending, and grow the economy. Signing the Taxpayer Protection Pledge and holding the line on taxes is the first step in that process,” said Grover Norquist, President of Americans for Tax Reform.

Candidates running for public office like to say they will not raise taxes, but often turn their backs on the taxpayer once elected. The idea of the Taxpayer Protection Pledge is simple enough: Make them put their no-new-taxes rhetoric in writing. It is offered to every candidate for state and federal office and to all incumbents. Nearly 1,400 elected officials have signed the Pledge.

“We are ecstatic about Mr. Bishop’s commitment to the taxpayers of North Carolina. I challenge all candidates for North Carolina’s 9th Congressional District to make the same commitment to taxpayers by signing the Taxpayer Protection Pledge today,” continued Norquist.

Photo Credit: Dan Bishop for Congress


Norquist: No Gas Tax Hike


Posted by Americans for Tax Reform on Thursday, April 4th, 2019, 1:59 PM PERMALINK

Today on Fox Business Network’s Varney & Co. Americans for Tax Reform President Grover Norquist made the case against a gas tax hike.

Norquist said: 

"There has always been a call by the spenders in Washington, including some Republicans on Appropriations, to raise the gas tax. Here’s the challenge with that - 98 percent of the roads on this country are state and local. What is the federal government doing? Paving the part of the roads between the states? We’ve built the Interstate Highway System. That’s been built. The politicians in Washington who like to hand money out to get favors, they like having a big pot of cash that they can hand out. This money ought to stay at the local level, it ought to stay at the state level, we should be cutting the federal gasoline tax and letting state and local governments do it. They already divert much of what’s supposed to go to roads and bridges from the federal gas tax, instead it goes to subways, and light rail, which has nothing to do with roads, except they get in the way of roads. And they also pay for the Davis-Bacon overspending, which is completely unnecessary."

Watch the entire interview above or click here. 


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