If they repeal the AMT, they've got to replace it with higher taxes somewhere else, ... Tax reform could mean a big looming tax increase for a lot of people.

If they repeal the AMT, they've got to replace it with higher taxes somewhere else. Tax reform could mean a big looming tax increase for a lot of people.

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

The Panel's income tax reform plan would make some positive changes such as eliminating the double-taxation of dividends and treating U.S. businesses on a territorial basis with regard to their foreign profits. Both of these changes would increase U.S. business competitiveness and spur investment. However, on both the individual and business parts of this simplified income tax, the proposed top tax rates were still too high. For example, the proposed 32 percent corporate rate would still be higher than the 28 percent average corporate tax rate in Europe.

He does not support the repeal of the estate tax. It's simply not true. I have to step back and wonder if there's something else at stake here.

I'm for tax reform, not tax increases.