A Better Way for Tax Reform

What if your taxes were so simple, you could complete them on a postcard?

That’s right, a postcard.

In case you missed it, that’s what we’re proposing in the final component of our bold agenda to tackle some of the biggest issues of our time: A Better Way for Tax Reform.

Our blueprint is a tax code built for growth and one simple enough to fit on a postcard.

The current system is too confusing and hurts the people who it should be helping. People across the country, from small business owners and single mothers, to young people and vulnerable Americans in poverty, are disadvantaged by a tax code that neither works for, nor empowers them.

And while the United States should be the best place on earth to do business, as Majority Whip Steve Scalise (R-LA) points out, “…[the tax code] is one of the things that’s holding back our economy, it’s holding back our ability to compete with other countries.” For example,  we’ve lost 11 of the 20 largest global company headquarters since 1960. We now only have six of these headquarters.

We believe there is A Better Way. A new tax code — one that is simpler, flatter, and fairer. And as House Ways and Means Committee Chairman Kevin Brady (R-TX) says, it’s “… just the beginning of our conversation. This is not Congress’s or the GOP’s tax code—it belongs to the American people.”

Our ideas are simple:

  • Simplicity and fairness. Our plan makes the tax code simpler, fairer, and flatter, so that it’s not only easier to do your taxes, but it’s also easier to have peace of mind at critical moments in life.
  • Jobs and growth. Our plan makes it easier to create jobs, raise wages, and expand opportunity for all Americans.
  • A “service first” IRS. Our plan matches a simpler, fairer tax code with a simpler, fairer IRS that puts taxpayers first.

Here’s a closer look at why we need this comprehensive tax reform now, more than ever:

  • “The result of this built-for-growth tax code is that America will leap from dead last among our foreign competitors to firmly in the lead pack of pro-job tax codes in the World.” – Rep. Kevin Brady (R-TX), Chairman of the House Ways & Means Committee
  • This blueprint, “reestablishes America’s global leadership while delivering a more simple and flatter tax code to help all Americans.” – Rep. Adam Kinzinger (R-IL),
  • “The IRS needs to get its act together. It needs to put tax payers first. So we overhaul and streamline the Internal Revenue Service.” – Speaker Paul Ryan (R-WI)

Read our full plan for A Better Way for Tax Reform here.