Issue Position: Taxes

Issue Position

Date: Jan. 1, 2014
Issues: Taxes

Currently, the U.S. tax code is 55,000 pages long and has over two million words it. It's filled with credits, loop-holes and giveaways. It takes the average small business 37 hours to do their taxes. That's time they should be able to spend growing the business.

I believe the federal government should throw out the current system and adopt a much simpler, more stream-lined code. Therefore, I am currently a co-sponsor of the Fair-Tax, which would replace the current progressive income tax with a national sales tax. The benefit of the Fair-Tax is that it taxes most individuals at a lower rate than the income tax. It also only taxes the goods and services you purchase, encourages saving, and produces similar revenue to the current code, just in a much simpler manner.


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