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Pathway to Job Creation Through a Simpler, Fairer Tax Code Act of 2012

Floor Speech

Date: Aug. 2, 2012
Location: Washington, DC
Issues: Taxes Government Budget and Spending

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Mr. REED. Thank you, Mr. Chairman, for yielding the time.

Mr. Speaker, I rise today to stand in strong support of the proposed legislation before us this afternoon. The reason why is we have to stop with the rhetoric down here in Washington, D.C.

Hardworking taxpayers across America demand that we get this right and we get the business of the people done. We need to listen to our fellow Americans that our Tax Code that we both, on each side of this aisle, have argued for the last hour, have agreed is broken. It's time to set a path forward.

I have a picture here, Mr. Speaker, that I would like to display for all of us in this Chamber and across America. There's a clear path forward that we need to go down. And it is a path to go forward on a Republican plan that sets forth comprehensive tax reform in an open and honest fashion and makes sure that we get the comprehensive tax reform done in the upcoming year and do it in a way that brings the American people into the debate and we listen to the American people.

We no longer can pick winners and losers in our Tax Code. We need to focus on a Tax Code that is simple, that is fair, and that is competitive because, like it or not, we live in a world economy in which our hardworking Americans have to compete. Our Tax Code needs to be updated to make sure that we put our individuals and our corporations in the most competitive position possible so that when they go out on the world economic stage that they can compete and win, and that we stand with them rather than engage in the bitter rhetoric and partisan divide that is on display, in my opinion, today.

So, Mr. Speaker, with that, I ask support for the underlying legislation, and I ask my colleagues to join us and join hands and engage in a substantive spirited debate, but at the end of the day come up with a comprehensive tax reform package that is going to protect Americans and preserve America for generations to come.

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