The priorities laid out today to reform our country’s broken, burdensome tax code are incredibly encouraging.
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Specifically, allowing Americans to file their taxes on a postcard is a home run proposal
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It’s one that I‘ve championed for years, and it’s essential to getting us on a path that will allow us to once and for all #AbolishTheIRS
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The principles that should govern our tax reform debate are economic growth, fairness, and simplicity.
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So we can make it easier for the single mom to pay her monthly mortgage
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So we can make it easier for the factory worker to pay for his child’s education
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So we can make it easier for families to make ends meet and small businesses to expand and create jobs.
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We should pursue a flatter, fairer rate for Americans at all income levels – ideally one low, simple, flat tax.
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We should pursue the repeal of Dodd-Frank. We should pursue long term reforms, over a 20-30 year window, not just 5-10 years.
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And we should pursue unapologetic tax cuts. If tax reform is revenue neutral, it is not a tax cut.
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A true tax cut is the only way to spark economic growth, to create booming GDP, and to reduce our debt and deficit.
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I stand ready to work with my colleagues so we can move forward with this important debate
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End of conversation
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