We all know politicians in Washington love to talk. However, there comes a time when talk must stop and action taken. We’ve now reached that point with comprehensive tax reform.
We are now at a moment when a substantive tax reform bill is realistic and should be expected. Lawmakers should build on this momentum and unite behind the passage of permanent tax reform this year.
It’s not too late to reverse course through permanent, comprehensive tax reform. Streamlining and simplifying the tax code will allow taxpayers to keep more money in their pockets.
Today’s full House Ways and Means Committee hearing on tax reform should finally set the stage for comprehensive legislation to fix America’s broken tax code.
With health care reform on pause, Washington now turns the spotlight on the next big ticket item from the Trump administration legislative agenda: comprehensive tax reform.
More than 30 years ago, Republicans and Democrats in Washington set aside their differences and worked together to pass comprehensive tax reform. Unfortunately, in the ensuing years, our tax code has become more bloated and complex.
With a projected 1.8 percent growth rate for the economy in 2016, the economy is still struggling. Since President-elect Donald Trump’s November victory, he has demonstrated a sense of urgency to get the economy back on track by moving quickly to fill his cabinet, far outpacing his predecessors.
It is incumbent on the incoming Trump administration to work with Congress, including Democrats, to make that change a reality and do so in a bipartisan way.
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