Carly Fiorina on Taxes

Summary

Carly Fiorina supports eliminating the capital gains taxes on small‐business investments, eliminating the estate tax, and lowering the overall marginal tax rate.  She has proposed a 5 year tax holiday on start-up and expansion businesses.  To help bring American businesses back, she has proposed a 10 year holiday on facilities repatriated from overseas.  She has also signed a pledge not to increase taxes and not to create new taxes.  

Carly Fiorina has stated that the US tax rate for companies is too high and is driving business overseas.  She has advocated for the lowering of tax rates for companies.

CNN Interview

In June of 2008, Carly Fiorina appeared on CNN and spoke about business taxes and Senator McCain and Senator Obama's plans for the tax changes if elected President.  She noted that the taxes on businesses need to be lowered.

This Week with George Stephanopoulos

In a July 2008 appearance on This Week with George Stephanopolous, Carly Fiorina was speaking for Senator John McCain's positions for the 2008 Presidential election.  She spoke about the tax rates for the US and how it causes companies to move overseas.

Campaign Website Statements

A portion of Carly Fiorina's campaign website deals with he economic views of taxes.  She states that she wishes to continue to 2001 and 2003 tax cuts, lower the marginal tax rates, eliminate the capital gains tax for small businesses, eliminate the estate tax, and a 5 year holiday on taxes for new businesses.

In another section of her campaign website, Carly Fiorina talks about the need for a balanced budget and taxes.

Flash Report Interview

In November of 2009, Carly did and interview with Flash Report.  In that interview, she made the following statement about taxes.

FLASH: You mentioned the "T" word, taxes. We always ask a question of candidates that are running for office who say that taxes are too high, 'Would you be willing to sign the Americans for Tax Reform pledge to oppose any new tax increases in Washington?'.

FIORINA: I would. I'm a fiscal conservative. I don't think raising taxes is the solution. I will sign such a pledge. I believe that the solution right now is to reduce the level of federal government spending, and indeed, there is, today, well-documented and well agreed upon fraud, waste and abuse in the federal budget worth about $800 billion dollars. So there's plenty of opportunity to save money.

References

[1] Website: Flash Report Article: An Interview With Carly Fiorina, Candidate For United States Senate Author: Jon Fleischman Accessed on: 06/22/2010

[2] Website: National Review Online Article: Carly Fiorina, Woman for the Future Author: Larry Kudlow Accessed on: 06/23/2010

User Comments