Walt Minnick on Taxes

Last Updated : Oct 06, 2010

Campaign Website Statements

Pay for What You Spend

You and I have to pay our bills. We don’t buy things we can’t afford. Our pocketbooks and bank accounts are balanced. Our families know that we strive to live within our means. That is why we all expect and demand that our government live the same way. I believe our nation’s budgets should be balanced, but am gravely concerned about the lack of fiscal accountability and responsibility in Washington, D.C. We must go back to paying for what we spend, for the sake of our children and grandchildren.


Holding Government Accountable

Like you, I believe in limited, effective, responsible government. That requires all of us to demand accountability for our tax dollars so that every penny is spent in the most cost-effective way. Earmarks and wasteful spending are the wrong approach to spending taxpayer money, and they are keeping us from balancing our budgets and paying back record deficits. All of us must work together to root out improper spending, and to demand the kind of limited, balanced budgets Idahoans know well. 


Sponsored and Cosponsored Legislation

Session-111; Bill Number-H R 1552; Start Up Expenses - Cosponsor

Amends the Internal Revenue Code to increase in taxable years beginning in 2009, 2010, or 2011: (1) the limit on the tax deduction for trade or business start-up expenditures from $5,000 to $20,000; and (2) the threshold amount for reducing such limit.

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