Issue Position: Taxes

Issue Position

Date: Jan. 1, 2012
Issues: Taxes

Everyone says our tax system needs a major overhaul. It's now time for someone to actually do it. The U.S. has the highest corporate income tax rate in the industrialize world. We must cut this rate in order to incentivize international businesses to invest in the America we all know and love. as well as incentivize American businesses to expand jobs here instead of shipping jobs overseas. We must also eliminate the capital gains tax, the death tax and lower the income tax rate in order to broaden the base and create jobs for hardworking, American taxpayers. Additionally, the Bush tax cuts should be made permanent. There is a level of uncertainty that exist among investors, small business owners, and families that taxes will increase at the end of 2012, when these cuts are set to expire. Unless Congress acts quickly, uncertainty will continue to grow and the economy will continue to lag.


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