Issue Position: Tax Reform

Issue Position

Implementing tax reform

Federal tax law is too complex -- it takes over 73,000 pages for the Standard Federal Tax Reporter to explain the federal tax code. The tax structure must be simplified and reformed to lower rates, close loopholes, and ensure that everyone is paying their fair share -- this includes the wealthiest Americans. I was in favor of ending the Bush-era tax cuts immediately, but after continued poor employment numbers, we need a more nuanced approach. We should consider pegging the sunset of these tax cuts to something non-arbitrary, like a certain amount of GDP growth, or a lower level of unemployment. This would avoid the unproductive brinkmanship that Congress engages in over this issue -- and could prevent our fragile recovery from being further slowed down.

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