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"You bring in foreigners who are going to be net tax producers, not net tax consumers," Mr. Brooks said.
Mr. Gore's $250 billion net tax cut is vague.
Of course, there was still a net tax cut during the Reagan administration.
Mr. Daniels said it amounted to the biggest net tax cut in state history.
"All tax reform is acceptable as long as it's not a net tax increase".
America's deteriorating fiscal finances rule out further big net tax cuts (see article).
For seven years, ending in 2002, a majority of states had net tax cuts.
Some of the biggest foreign companies pay almost no net tax.
Thus the net tax gap is a bit lower: $290 billion in 2001 and $385 billion in 2006.
Cutting $10 in spending for every $1 in tax increases would result in $9 in net tax reduction.
A group of 33 Republican senators sent a letter to members of the panel insisting on "no net tax increase".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com