Tax Reform
The issue of Tax Reform affects all of us and dealing with it is an important part of my work in Congress.
At the end of the year, the United States of America will face the biggest tax increase in our nation’s history. 2013 alone will see a $494 billion tax increase, which will continue in perpetuity unless something is done to prevent it. 83% of U.S. households would face an average tax increase of $3,701. This tax increase will devastate our economy.
I support extending the 2001 and 2003 tax cuts for all income levels while Congress and the President put forward such comprehensive reform. Rather than engaging in class warfare by singling out certain taxpayers for higher taxes, we must focus on lowering rates and creating a simpler tax code. Most importantly, I support comprehensive tax reform that will lower rates and broaden the tax base. With a fragile economic recovery taking place, raising taxes is exceptionally irresponsible. The only way to truly lower our deficits and grow our economy is to keep taxes low on individuals and businesses.
For more information concerning my work and views on the issue of Tax Reform, please contact my Washington, DC office.
I look forward to your feedback.
Thank you.