Our current tax code needs extensive reform because it is too complex, it reduces savings and investments, and it punishes American creativity and hard work.
# I support abolishing the income tax and the Internal Revenue Service and replacing it with a national retail consumption tax to be administered by the states.
# I am a lead cosponsor of Representative John Linder's (R-GA) bill, H.R. 25, the Fair Tax Act. This bill would repeal all federal personal income taxes, corporate income taxes, payroll taxes, self-employment taxes, capital gains taxes, and gift and estate taxes and replace them with a twenty-three percent sales tax on all retail sales of new goods and services.
# The Fair Tax Act will expand the economy by allowing Americans to keep more of their hard-earned money.
# Until Congress can reform the tax code with the Fair Tax Act, I support lowering taxes so American families can keep and invest more of their hard-earned money.