Tax Masters' Patrick Cox Featured On Fox Business Network

Top Quote Patrick Cox made an appearance on the Fox Business Network this morning during "Varney & Company." End Quote
  • (1888PressRelease) December 07, 2010 - Guest host Charles Payne asked the Founder and CEO of Tax Masters about what will happen to the economy if the Bush tax cuts are allowed to expire on December 31, 2010, effectively raising taxes on Americans across the board.

    Patrick Cox shared his perspective on how increased taxes will harm the economy because businesses can afford to hire fewer employees if they are required to pay more to the government. As he put it, business expansion leads to jobs and jobs fuel the economy. When asked about the possibility of Washington simplifying the tax code and taxing system, the Tax Masters CEO said, "You start with the basic premise that people should pay X percent of their income. And then you start trying to make exceptions and everybody has a valid argument for what exceptions there ought to be. The closest we ever came to a true flat tax was the 86 Tax Reform Act under Ronald Reagan. Since then, we've continued to add exceptions and complexities to it and I think we'll continued to do that."

    Patrick Cox also made the comment that the recent election clearly shows that Americans understand that the economy will improve if businesses are expanding and hiring.

    Guest host Charles Payne ended the segment by showing a clip from the recent Tax Masters Saturday Night Live spoof of the Tax Masters commercials. Patrick Cox showed both profiles on camera to dispel the rumors that he in fact has a tiny unformed step-brother named Daniel attached to the left side of his head.

    About Tax Masters

    Houston based Tax Masters has served tens of thousands of clients and had incredible success with settling federal tax debt, defending clients in audit, setting up monthly IRS payment plans, and filing past-due tax returns. The company is publicly traded under the stock symbol TAXS.

    About Patrick Cox

    Patrick Cox has built one of the most effective tax relief teams in the tax representation business and continues to put the pieces in place to grow the company into a dominant premier IRS tax resolution firm in the US. Committed to service quality and client satisfaction, all indications are that Tax Masters and Patrick Cox are poised to surge ahead of lesser tax representation firms and gain significant market share in 2010 and beyond.

    For more information please visit

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