--- title: "Meaning & Key Takeaway of: Individuals and businesses must…" description: "\"Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropria..." image: "https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg" --- # Individuals and businesses must participate in a national… ![“Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong…” quote by Mike Crapo](https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg) [Download](https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg) [Open image](https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg) > “Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.” [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates a tax system that is simple, broad, and fair, supporting savings and investment while funding federal duties **In simple terms:** Simplify taxes, broaden base, avoid penalizing saving and investing Key Takeaway Simplify taxes, protect savings Themes Promote tax fairness, support investment Mood analytical concerned Type policy economic When to use this quote - progressive taxation - tax base expansion - investment incentives Key Concepts tax policy fiscal responsibility economic growth Practical Applications - policy debates - legislative hearings - economic planning Questions to Reflect On - What trade‑offs are needed for a simpler tax system? - How can fairness be balanced with revenue needs? A Different Perspective Complexity of achieving consensus on tax reform ★ ★ ★ ★ ★ No ratings yet [Backbone](https://sms4smile.com/quotes/about/backbone/) [Business](https://sms4smile.com/quotes/about/business/) [Businesses](https://sms4smile.com/quotes/about/businesses/) [Economy](https://sms4smile.com/quotes/about/economy/) [Fairer](https://sms4smile.com/quotes/about/fairer/) [Individuals](https://sms4smile.com/quotes/about/individuals/) [Investing](https://sms4smile.com/quotes/about/investing/) [Responsibilities](https://sms4smile.com/quotes/about/responsibilities/) [Saving](https://sms4smile.com/quotes/about/saving/) [System](https://sms4smile.com/quotes/about/system/) [Tax](https://sms4smile.com/quotes/about/tax/) [Tax system](https://sms4smile.com/quotes/about/tax-system/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Thriving](https://sms4smile.com/quotes/about/thriving/) ## Related quotes > [In 2014, topics like Black Lives Matter, the Middle East, and Ebola were prominent in the national discussion, with mentions of then-President Barack Obama…](https://sms4smile.com/quotes/kristen-soltis-anderson/in-2014-topics-like-black-lives-matter-the-middle-east-and-ebola-were/) [Kristen Soltis Anderson](https://sms4smile.com/quotes/author/kristen-soltis-anderson/) > [It's an issue that we need to have a national discussion about, the militarization of local police forces, and then when they are used…](https://sms4smile.com/quotes/william-lacy-clay-jr/it-s-an-issue-that-we-need-to-have-a-national-discussion-about-the/) [William Lacy Clay, Jr](https://sms4smile.com/quotes/author/william-lacy-clay-jr/) > [It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on…](https://sms4smile.com/quotes/thomas-hobbes/it-is-fairer-to-tax-people-on-what-they-extract-from-the-economy-as/) [Thomas Hobbes](https://sms4smile.com/quotes/author/thomas-hobbes/) > [We need a simpler, fairer tax code that protects taxpayers. Not special interests.](https://sms4smile.com/quotes/kevin-brady/we-need-a-simpler-fairer-tax-code-that-protects-taxpayers-not-special/) [Kevin Brady](https://sms4smile.com/quotes/author/kevin-brady/) > [We have to adjust the age retirement for younger people. People of my income level are going to have to have their benefits means-tested.…](https://sms4smile.com/quotes/lindsey-graham/we-have-to-adjust-the-age-retirement-for-younger-people-people-of-my/) [Lindsey Graham](https://sms4smile.com/quotes/author/lindsey-graham/) > [Our tax code becomes so absurdly complex every 32 years that we have no choice but to scrap it and re-write. The 32-year period…](https://sms4smile.com/quotes/t-r-reid/our-tax-code-becomes-so-absurdly-complex-every-32-years-that-we-have/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [Britain needs a simpler tax system which is simple to understand, where there are no loop-holes, where the very rich do not avoid tax…](https://sms4smile.com/quotes/george-osborne/britain-needs-a-simpler-tax-system-which-is-simple-to-understand/) [George Osborne](https://sms4smile.com/quotes/author/george-osborne/) > [“Women are called the fairer sex. Are they just not as tan, or are they actually more reasonable?”](https://sms4smile.com/quotes/jarod-kintz/women-are-called-the-fairer-sex-are-they-just-not-as-tan-or-are-they/) [Jarod Kintz](https://sms4smile.com/quotes/author/jarod-kintz/) > [The goal of socialism is a fairer allocation of economic resources, which its advocates often claim will also be a less wasteful one. Socialism…](https://sms4smile.com/quotes/virginia-postrel/the-goal-of-socialism-is-a-fairer-allocation-of-economic-resources/) [Virginia Postrel](https://sms4smile.com/quotes/author/virginia-postrel/) > [He is fairer than the morning star, and whiter than the moon. For his body I would give my soul, and for his love…](https://sms4smile.com/quotes/oscar-wilde/he-is-fairer-than-the-morning-star-and-whiter-than-the-moon-for-his/) [Oscar Wilde](https://sms4smile.com/quotes/author/oscar-wilde/) > [I'm an unapologetic, bleeding heart liberal who thinks the world should be fairer and kinder.](https://sms4smile.com/quotes/kira-permunian/i-m-an-unapologetic-bleeding-heart-liberal-who-thinks-the-world/) [Kira Permunian](https://sms4smile.com/quotes/author/kira-permunian/) > [Shall I, wasting in despair,Die because a woman's fair?Or make pale my cheeks with care,'Cause another's rosy are?Be she fairer than the day,Or the…](https://sms4smile.com/quotes/george-wither/shall-i-wasting-in-despair-die-because-a-woman-s-fair-or-make-pale-my/) [George Wither](https://sms4smile.com/quotes/author/george-wither/) > [To me, there are four F's in a good tax system: it ought to be flatter, fairer, finite and family-friendly.](https://sms4smile.com/quotes/mike-huckabee/to-me-there-are-four-f-s-in-a-good-tax-system-it-ought-to-be-flatter/) [Mike Huckabee](https://sms4smile.com/quotes/author/mike-huckabee/) > [I went to a predominantly white school, and I was the only black girl. I can remember thinking, 'I don't want to be as…](https://sms4smile.com/quotes/kelly-rowland/i-went-to-a-predominantly-white-school-and-i-was-the-only-black-girl/) [Kelly Rowland](https://sms4smile.com/quotes/author/kelly-rowland/) > [Oh, thou art fairer than the evening air Clad in the beauty of a thousand stars.](https://sms4smile.com/quotes/anonymous/oh-thou-art-fairer-than-the-evening-air-clad-in-the-beauty-of-a/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## More by Mike Crapo > [Security is a component of everyday life that one spending time in Washington, D.C., gets accustomed to. Metal detectors, police vehicle barriers and heavily-armed…](https://sms4smile.com/quotes/mike-crapo/security-is-a-component-of-everyday-life-that-one-spending-time-in/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [The economy grows when families can spend money on personal priorities rather than priorities imposed by the federal government.](https://sms4smile.com/quotes/mike-crapo/the-economy-grows-when-families-can-spend-money-on-personal/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [I have a strong marriage, and my wife and I love each other.](https://sms4smile.com/quotes/mike-crapo/i-have-a-strong-marriage-and-my-wife-and-i-love-each-other/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [A major part of being prepared is having a plan. Local calls don't always work in the immediate vicinity of a disaster, so it's…](https://sms4smile.com/quotes/mike-crapo/a-major-part-of-being-prepared-is-having-a-plan-local-calls-don-t/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [We are gifted with freedom, but with that freedom comes the reality of the unknown and the responsibility to be aware of our surroundings…](https://sms4smile.com/quotes/mike-crapo/we-are-gifted-with-freedom-but-with-that-freedom-comes-the-reality-of/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [As you prepare for the many things that fall brings, such as school, harvest and winter, it is important to be prepared for the…](https://sms4smile.com/quotes/mike-crapo/as-you-prepare-for-the-many-things-that-fall-brings-such-as-school/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [The Declaration calls us to recognize the inherent equality of all people. And when it becomes unmistakably evident that a government is denying the…](https://sms4smile.com/quotes/mike-crapo/the-declaration-calls-us-to-recognize-the-inherent-equality-of-all/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [Simplicity just isn't a word synonymous with taxes.](https://sms4smile.com/quotes/mike-crapo/simplicity-just-isn-t-a-word-synonymous-with-taxes/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [I can think of a number of things more interesting to read about than tax law, but few things affect our lives more.](https://sms4smile.com/quotes/mike-crapo/i-can-think-of-a-number-of-things-more-interesting-to-read-about-than/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [Even with multiple instruction books, maneuvering the maze of the tax code is costly and time-consuming.](https://sms4smile.com/quotes/mike-crapo/even-with-multiple-instruction-books-maneuvering-the-maze-of-the-tax/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [Throwing off despotism and tyranny is our history and part of our national identity - something in which we can take incredible pride.](https://sms4smile.com/quotes/mike-crapo/throwing-off-despotism-and-tyranny-is-our-history-and-part-of-our/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) > [In January 1776, Thomas Paine issued 'Common Sense,' advocating independence from Great Britain.](https://sms4smile.com/quotes/mike-crapo/in-january-1776-thomas-paine-issued-common-sense-advocating/) [Mike Crapo](https://sms4smile.com/quotes/author/mike-crapo/) [Explore all 13 Mike Crapo quotes ](https://sms4smile.com/quotes/author/mike-crapo/) ## More About quotes > [If you ask an introvert a question, wait until she thinks about it. Introverts think before speaking, not through speaking. If you want to…](https://sms4smile.com/quotes/laurie-helgoe/if-you-ask-an-introvert-a-question-wait-until-she-thinks-about-it/) [Laurie Helgoe](https://sms4smile.com/quotes/author/laurie-helgoe/) > [Joking about violence is not funny.](https://sms4smile.com/quotes/perez-hilton/joking-about-violence-is-not-funny/) [Perez Hilton](https://sms4smile.com/quotes/author/perez-hilton/) > [I talk to my mates about our kids, being too tired and being worn out.](https://sms4smile.com/quotes/holly-willoughby/i-talk-to-my-mates-about-our-kids-being-too-tired-and-being-worn-out/) [Holly Willoughby](https://sms4smile.com/quotes/author/holly-willoughby/) > [With 'Pretty Girls,' I saw the opportunity to talk not just about crime but what crime leaves behind.](https://sms4smile.com/quotes/karin-slaughter/with-pretty-girls-i-saw-the-opportunity-to-talk-not-just-about-crime/) [Karin Slaughter](https://sms4smile.com/quotes/author/karin-slaughter/) > [I write about presidents. That means I write about guys - so far. I'm interested in the people closest to them, the people they…](https://sms4smile.com/quotes/doris-kearns-goodwin/i-write-about-presidents-that-means-i-write-about-guys-so-far-i-m/) [Doris Kearns Goodwin](https://sms4smile.com/quotes/author/doris-kearns-goodwin/) > [That's something a lot of folks don't know about me - I'm pretty darn funny.](https://sms4smile.com/quotes/michael-jai-white/that-s-something-a-lot-of-folks-don-t-know-about-me-i-m-pretty-darn/) [Michael Jai White](https://sms4smile.com/quotes/author/michael-jai-white/) > [I learned a lot about myself at Oakmont.](https://sms4smile.com/quotes/shane-lowry/i-learned-a-lot-about-myself-at-oakmont/) [Shane Lowry](https://sms4smile.com/quotes/author/shane-lowry/) > [I don't think about the press or the crowds or the other leaders of the race. The focus is only on myself. As soon…](https://sms4smile.com/quotes/magdalena-neuner/i-don-t-think-about-the-press-or-the-crowds-or-the-other-leaders-of/) [Magdalena Neuner](https://sms4smile.com/quotes/author/magdalena-neuner/) > [Sport is not just about entertainment. It is equally about winning and losing, pooling and galvanising the energy of the youth, upgrading people's physical…](https://sms4smile.com/quotes/nita-ambani/sport-is-not-just-about-entertainment-it-is-equally-about-winning-and/) [Nita Ambani](https://sms4smile.com/quotes/author/nita-ambani/) > [One of the ways that I discovered my confidence and my ability to overpower is becoming a mother. Suddenly, my world wasn't about myself…](https://sms4smile.com/quotes/lights/one-of-the-ways-that-i-discovered-my-confidence-and-my-ability-to/) [Lights](https://sms4smile.com/quotes/author/lights/) > [I didn't want to do 'Fashion Police' because I thought, 'This is stupid, this is beneath me, who wants to talk about fashion?' It…](https://sms4smile.com/quotes/joan-rivers/i-didn-t-want-to-do-fashion-police-because-i-thought-this-is-stupid/) [Joan Rivers](https://sms4smile.com/quotes/author/joan-rivers/) > [I just worried about my weight. Worried about my appearance and thought I wan't pretty enough to be a pop star. It was very…](https://sms4smile.com/quotes/judith-durham/i-just-worried-about-my-weight-worried-about-my-appearance-and/) [Judith Durham](https://sms4smile.com/quotes/author/judith-durham/) > [I read a couple of books about neuroscience and the relationship between the mind and the body.](https://sms4smile.com/quotes/joel-kinnaman/i-read-a-couple-of-books-about-neuroscience-and-the-relationship/) [Joel Kinnaman](https://sms4smile.com/quotes/author/joel-kinnaman/) > [There are a lot of kids out there copying and distributing movies - not because they care about seeing the movies or sharing them…](https://sms4smile.com/quotes/john-perry-barlow/there-are-a-lot-of-kids-out-there-copying-and-distributing-movies-not/) [John Perry Barlow](https://sms4smile.com/quotes/author/john-perry-barlow/) > [I have no physical genius about me. I can't dribble a ball and run at the same time, I can't do lay-ups - I'm…](https://sms4smile.com/quotes/rich-mullins/i-have-no-physical-genius-about-me-i-can-t-dribble-a-ball-and-run-at/) [Rich Mullins](https://sms4smile.com/quotes/author/rich-mullins/) Browse all 26,122 About quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.", "creator": { "@type": "Person", "name": "Mike Crapo" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/mike-crapo/individuals-and-businesses-must-participate-in-a-national-discussion/", "about": { "@type": "Thing", "name": "About" }, "@id": "https://sms4smile.com/quotes/mike-crapo/individuals-and-businesses-must-participate-in-a-national-discussion/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg", "contentUrl": "https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg", "url": "https://sms4smile.com/quotes/i/950/mike-crapo-35121_about_individuals-and-businesses-must-particip_671119.jpg", "width": 1080, "height": 1080, "caption": "“Individuals and businesses must participate in a national discussion about a simpler tax system, one that…” — Mike Crapo", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Mike Crapo", "item": "https://sms4smile.com/quotes/author/mike-crapo/" }, { "@type": "ListItem", "position": 4, "name": "Individuals and businesses must participate in...", "item": "https://sms4smile.com/quotes/mike-crapo/individuals-and-businesses-must-participate-in-a-national-discussion/" } ], "@id": "https://sms4smile.com/quotes/mike-crapo/individuals-and-businesses-must-participate-in-a-national-discussion/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```