Anyone who fills out a tax form knows how harmful the U.S. tax code is today -- punishing hard work, savings, and investment. American frustration with the tax code has prompted two decades of Washington, D.C. blue ribbon commissions and detailed plans to reform the code. These efforts have not changed the tremendous burden Americans face in complying with the U.S. tax code. If a tax code were designed to punish hard work, thrift, and investment, the current U.S. tax code could serve as a blueprint.
Republican efforts to reform the code since 2008 have been blocked in one way or another by a hostile White House and Democrat congressional leadership. They believe Americans should pay more in taxes, not less. While there is bipartisan recognition on an urgent need to reform the tax code now, there also is a growing consensus that presidential leadership will be required to achieve success. A Trump Administration tax plan can be summarized as lower, simpler, fairer, and pro-growth.