Issue Position: Tax Reform
Congressman Hoyer is at the forefront of Democratic efforts to reform the tax system and implement many overdue, sensible changes that would provide relief from needless burden and make our tax system more simple, more fair, and more responsible.
He believes that it is imperative that Congress address the Middle-Class Time-Bomb - the Alternative Minimum Tax; overhauling the corporate income tax to reward investment in job creation at home and simplify the tax rules for small businesses; and, stopping individuals and corporations from cheating the system by eliminating specialized loopholes and abusive tax shelters.