Issue Position: Fair Tax

Issue Position

Our tax system is in dire need of reform, and Americans deserve a fairer tax system. Today's tax code is so complex that many Americans cannot even file their own taxes and must go to an accountant. In fact, our nation spends 5.4 billion hours a year - as many hours as the entire population of Indiana works - filling out tax forms.

During each Congress, many tax reform proposals are introduced for consideration. One of these proposals, H.R. 25 - the FAIR Tax bill, enacts a national sales tax to be administered primarily by the States. If enacted into law, the measure would repeal federal income, corporate income, self-employment, payroll, capital gains, Social Security, Medicare and gift and estate taxes.

It is clear to me that the time has come to engage Congress and the nation in a dialogue on reforming our current tax system. As a cosponsor of the FAIR Tax proposal, I hope to encourage thoughtful discourse on this important issue. Through such a national debate, I know that this proposal, and other tax reform measures, can be carefully assessed and examined so we as a nation can begin the process of making real changes to our outdated tax system.


Source
arrow_upward