Code Quote by Sheldon Whitehouse
“We can reduce our deficit, and do it in a much more balanced way than sequestration, simply by fixing our tax code to get rid of needless giveaways.”
About This Quote
Source Speech: Congressional testimony on tax policy, 2015
Reforming tax code can reduce deficits more efficiently than sequestration by eliminating wasteful subsidies.
In simple terms: Fix tax code to cut waste and balance budget.
Key Takeaway
Target tax loopholes to lower deficit.
Themes
budget
tax policy
fiscal responsibility
efficiency
Mood
concerned
optimistic
Type
policy
analysis
When to use this quote
- government budgeting
- legislative proposals
- public finance planning
Key Concepts
public finance
policy reform
deficit reduction
Questions to Reflect On
- Which tax loopholes are most wasteful?
- How can bipartisan support be built?
A Different Perspective
Political opposition may resist changes to entrenched interests.
![“I kind of pride myself on coming onto things that are well-oiled machines and finding a way to bring what I bring and fit in, and raise it to another level if I can. And this [Code Black ] has been another one of those really fun success stories, much like Parks And Recreation, although obviously…” quote by Rob Lowe](https://sms4smile.com/quotes/img-quotes/ea3/rob-lowe-855_black_i-kind-of-pride-myself-on-coming-onto-th_6557.jpg)
![“[T]he tax code has been piling up, year after year, a symbol of everything gone wrong in America, of arrogant rulers and lost freedom, just waiting for us to pick the whole thing up and heave it away. It has to happen. Free people can put up with such laws only for so long.” quote by Dick Armey](https://sms4smile.com/quotes/img-quotes/aed/dick-armey-16265_america_t-he-tax-code-has-been-piling-up-year-af_12886.jpg)