State of Illinois secondary Archives: on Tax Reform


Mark Kirk: Ending Bush tax cuts may cause double-dip recession

Q: Do you think that the Bush-era tax cuts should be extended for all Americans?

KIRK: Congressional leaders want to hit the US economy with a $900 billion tax increase on Dec. 31. On top of the ten new taxes in the health care bill, on top of the taxe in financial regulation bill. The key danger here is will our policies increase the chance of a double-dip recession? Taking more money out of the private economy, I don't think it's the right way to go.

Q: Well, back in 2004, you were part of the Republican Main Street Partnership. As part of that group, you had a press release in which you said: "Tax cuts should only be extended temporarily.... We simply can't afford permanent and across-the-board extensions at this time". That's what you said then, when the debt was about 1/3 of what it was today. How could we afford to make permanent tax extensions now?

KIRK: Because especially in this climate, we have Congressional leaders that are not interested in spending restraint at all.

Source: NBC's Meet the Press: 2010 IL Senate debate Oct 10, 2010

  • The above quotations are from State of Illinois Politicians: secondary Archives.
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2020 Presidential contenders on Tax Reform:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
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Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
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Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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