House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement following passage of H.R. 6169, thePathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012, in the House of Representatives:
"House Republicans are putting forth a plan that sets out a clear vision and real deadlines for comprehensive tax reform. The current system is terribly complex and needlessly burdensome for families and job creators. It is past time we take action to transform our outdated and cumbersome tax code to become simpler, fairer and more competitive.
"Our goal is to achieve a fundamental reform of our tax code that lowers rates, broadens the base and closes loopholes. That means Americans will take home more of their hard-earned money, so that they may spend, save and invest as they wish. It means reducing America's corporate tax rate, currently the highest in the industrial world, so we incentivize job creators to return to the U.S. and encourage new ones to start doing business with us. Under the reform we envision, Washington will no longer be able exploit our tax code to pick winners and losers or reward special interests.
"At a time when our economy remains utterly stalled and millions of our friends and neighbors are out of work, House Republicans are providing a positive pathway to reform and greater economic freedom and opportunity."
Chairman Price is a member of the House Committee on Ways and Means, as well as the House Committee on the Budget. Last week,The Hill published his guest editorialon the need for comprehensive tax reform and House Republicans' unwillingness to increase taxes on American families and job creators.