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Ron Paul on Taxes and Budget

This candidate has withdrawn from the election
Strongly opposes an increase in taxes for the wealthiest Americans

Q: If you were president, would you work to phase out the IRS? PAUL: Immediately. You can only do that if you change our ideas about what the role of government ought to be. If you think that government has to take care of us, from cradle to grave, & if you think our government should police the world and spend hundreds of billions of dollars on a foreign policy that we cannot manage, you can't get rid of the IRS. But if you want to lower taxes and stop causing all the inflation, you have to change policy.

2007 GOP primary debate, at Reagan library, hosted by MSNBC May 3, 2007

Strongly supports tax cuts for middle-class families

"Working Americans like lower taxes. So do I. Lower taxes benefit all of us, creating jobs and allowing us to make more decisions for ourselves about our lives. Whether a tax cut reduces a single mother’s payroll taxes by $40 a month or allows a business owner to save thousands in capital gains taxes and hire more employees, that tax cut is a good thing. Lower taxes allow more spending, saving, and investing which helps the economy — that means all of us. Real conservatives have always supported low taxes and low spending."

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Supports a flat tax system across income levels

Adopted Republican Liberty Caucus statement, which reads, in part: BE IT RESOLVED that the Republican Liberty Caucus endorses the following [among its] principles: The tax system of the United States should be overhauled. There should be a national debate discussing various alternative means of taxation including but not limited to a single flat income tax, repealing the income tax and replacing it with a national sales tax, and reducing spending to the point where the income tax can be repealed without the need to replace it with a national sales tax or any other form of taxation.

Republican Liberty Caucus Position Statement 00-RLC4 on Dec 8, 2000

Strongly supports a Constitutional amendment that would require Congress and the President to balance the budget each year

Supports Balanced Budget Amendment & on-budget accounting

Republican Liberty Caucus Position Statement 00-RLC4 on Dec 8, 2000

Strongly supports eliminating taxes on estates after an individual's death

Voted YES on eliminating the Estate Tax ("death tax")

Bill sponsored by Dunn, R-WA; Bill HR 8 ; vote number 2001-84 on Apr 4, 2001

Strongly supports the elimination of the marriage penalty which more greatly taxes couples with similar incomes

Voted YES on eliminating the marriage penalty

Marriage Penalty Relief; Bill HR 4181 ; vote number 2004-138 on Apr 28, 2004

Strongly supports the elimination of the Alternative Minimum Tax

Frankly, I'm mad as hell about the sneaky ways this spendthrift Congress raises my taxes (with the exception of incumbent Ron Paul, who is opposed to the Alternative Minimum Tax (AMT) and other unfair taxes).

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Strongly supports the reduction of taxes on capital gains

Paul adopted the Republican Liberty Caucus Position Statement: The capital gains tax should be *eliminated*

Republican Liberty Caucus Position Statement 00-RLC4 on Dec 8, 2000