Kudlow’s Money Politics

Rudy Speaks…

America’s mayor and GOP presidential hopeful Rudy Giuliani on last night’s Kudlow & Company:

On Taxes:

I’m against most taxes. I mean, I think that taxes have to exist. But they should exist at the lowest possible level, and to the extent that we can, we shouldn’t invent new ones. Maybe that’s my experience being mayor of New York City, where we had so many taxes. I mean, think about it. I lowered 23 different taxes. And I’m not sure I lowered all of them. A city shouldn’t have 23 taxes, or 30 taxes, or 40 taxes. There should be a few. They should be simple. They should be easy to comply with. They should raise the revenue that’s necessary for the essential services of government, and they should be competitive. So whenever people talk about a new tax, I generally don’t like the idea’

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