Today, we have an anti-growth, overly complicated and out-of-date tax code. Our tax code currently suppresses American business growth, is far too complex for the average citizen, and is full of cronyism. Over the past few decades, the U.S. tax code has become a significant obstacle to prosperity and opportunity for families in Nevada. It isn’t just my family which suffers, Americans collectively spend 9 billion hours just filing and complying with the IRS tax code.
President Donald Trump, Speaker Paul Ryan, and Senate Majority Leader Mitch McConnell made it clear before the November 2016 election that pro-growth tax reform would be a major legislative priority for Republicans in 2017 if they were given the chance to govern. Now Congressional Republicans have that chance to provide tax relief through long overdue, sensible tax reform.
Congressman Amodei should support a tax plan which lowers and simplifies individual tax rates, lowers the corporate tax rate, permits “full expensing,” establishes a territorial tax system, removes double taxation on profits made abroad, and ends cronyism.
After all, the federal government has a spending problem, not a revenue problem.
Darla A. Lee