High Taxes Destroy Jobs

Floor Speech

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Mr. WILSON of South Carolina. Mr. Speaker, today marks tax day, a day when Americans must file their taxes.

The broken Tax Code is nearly 75,000 pages and has excessive regulations, destroys jobs, and lacks certainty. The tax bill is too high for hardworking American families. This year Americans will collectively spend more on taxes than basic necessities like food, clothing, and housing combined.

New ObamaCare taxes destroy jobs. We must make the Tax Code fair and simple to allow hardworking American families and small businesses to keep more of their hard-earned tax dollars.

That is why I am grateful to be an original cosponsor of H.R. 27, Tax Code Termination Act, which would retire the old, burdensome Tax Code and replace it with a system that provides tax relief for working Americans, protects the rights of taxpayers, eliminates bias against saving, and creates jobs.

I will continue to work in Congress toward a commonsense solution that creates a fair and simple Tax Code for American families.

In conclusion, God bless our troops, and may the President, by his actions, never forget September 11th in the global war on terrorism.

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