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August 27, 2014

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2008 Elections

Ralph Nader on Taxes

While Ralph Nader has not put forth a specific tax plan, he has said he wants to "put meat in the process of progressive taxation." He believes the rich should be taxed at a high rate and strongly opposes George W. Bush's tax cuts for the wealthy. Large corporations, Nader says, should pay more taxes because big business tax breaks hurt smaller corporations and families. Nader plans to focus more on taxing corporations, as opposed to adjusting the income tax.

In addition to higher corporate taxes, Nader feels that specially-targeted loopholes designed for one or a few companies in the Internal Revenue Code should remove their anonymity, thus making it more difficult to retain tax breaks and exemptions. Similarly, he feels The Office of Management and Budget should be required to list the top 50 beneficiaries of each companies corporate tax expenditure.

Nader is adamant that the public should have access to clear and concise reports showing how their tax dollars are spent. To pay for his social programs, Nader plans to eliminate “hundreds of billions” in corporate welfare, as well as eliminate approximately $100 billion from the U.S. military budget.

Read More:
The American Conservative: 2004 Ralph Nader interview with Pat Buchanan

— Las Vegas Sun New Media Intern April Corbin compiled this report.

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