Republican Study Committee

Floor Speech

Date: Oct. 11, 2017
Location: Washington, DC
Issues: Taxes

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Mr. Speaker, after a decade of inadequate economic growth across America, there is new growing optimism that our economy is about to be set free again. Consumer confidence in the economy is the highest it has been since 2000. Why? I believe this is because the American people expect us to reform our broken Tax Code, and they are excited about it.

Our outdated and overly complex Tax Code has held our economy down for the past decade. It is time we fix this and empower working families in America.

Real tax reform will be the best way to help America climb up the economic ladder. A stronger economy will bring higher wages and better jobs. The goal is to make our Federal Code simple and to make it fair.

The Tax Code, as it is, only benefits the rich and well-connected who can hire an army of lawyers to protect their interests. This is why Republicans are looking to enact real reform for all Americans. The argument against tax reform is this: the plan is just a tax cut for the rich.

The reality is, this tax reform framework is focused on helping middle class families. The tax system is laid out by Republicans that allows low- and middle-income workers to keep more of their hard-earned paychecks in order to save for their children's college, for their retirement, or any other things that they want.
I implore my colleagues across the aisle to do what is right and help to fix our antiquated Tax Code.

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