Issue Position: Tax Reform/ Simplification

Issue Position

Date: Jan. 1, 2016
Issues: Taxes

We need to pass a major tax reform bill in the 2017 session of Congress that implements a flat tax with a rate of 15 percent; with all deductions and credits eliminated except home mortgage interest, charitable contributions, and large medical expenses. This would allow a tax return to consist of one sheet of paper. The tax code and tax regulations consist of more than 80,000 pages, and no one can fully understand or comply with them. The compliance costs of this monstrosity are a major drag on economic growth and job creation. We need to eliminate the IRS and start over with a new administrative agency that respects our citizens. If we can get spending under control, return to limited government, and repeal the 16th Amendment, it will be possible to transition to a fair tax system.


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