Congressman Peter Roskam (R-IL), Chairman of the Tax Policy Subcommittee, joined with GOP leaders from the House and Senate yesterday to present Americans with a framework to simplify our complicated tax code and put more money into the pockets of millions of middle-class families and small businesses. The framework presented will serve as a guide for tax-writing committees that are developing this legislation. The tax reform framework can be found here.
"This is a transformational moment we have to reform a tax code that hasn't been updated in over 30 years. This is about improving the lives of every single American. It's about increasing paychecks and giving families, working students and small businesses an easier and fairer tax code. American families are counting on Congress and the White House to work together to fix a tax code that is too complicated and too unfair," said Congressman Peter Roskam (R-IL). "This framework puts us on the right path to accomplishing those goals and I invite my Democrat colleagues to join us in making the changes necessary to enact common-sense, fiscally-responsible measures that grows our economy, supports our middle-class, defends our workers and protects our jobs."