We simply cannot continue to live with a [tax] system which has so many inequities. It must be changed in such a way that each of us pays a fair share of the burden. It has been said that one man's loophole is another man's livelihood. Even if this is true, it certainly is not fair, because the loophole-livelihood of those who are reaping undeserved benefits can be the economic noose of those who are paying more than they should.
Millicent FenwickWhen two working people decide to marry, their federal income tax is usually increased. As soon as one spouse earns at least 20 percent of a married couple's total income, the couple pays a 'marriage tax.' ... The United States is the only major industrialized nation in the free world in which the tax cost of the second [married] earner's entry into the work force is higher than that of the first. On one hand, our government's social policy is to help working women earn equal salaries to those of men, but on the other we have a tax structure that penalizes them when they do so.
Millicent FenwickEconomics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results.
Millicent FenwickThe money that is spent in elections is absolutely unconscionable - even if it's private money. It's true that one's not corrupted by the expenditure of one's own money, but to some extent the system is. We cannot have a system in which the only people you can count on for a vote that doesn't look as though it might be a vote for a special-interest group are people with enormous fortunes.
Millicent FenwickWe simply cannot continue to live with a [tax] system which has so many inequities. It must be changed in such a way that each of us pays a fair share of the burden. It has been said that one man's loophole is another man's livelihood. Even if this is true, it certainly is not fair, because the loophole-livelihood of those who are reaping undeserved benefits can be the economic noose of those who are paying more than they should.
Millicent Fenwick