Tax Reform

The U.S. tax code is quite simply anti-competitive and anti-growth.

For example, America has the highest business tax rate in the developed world. This encourages businesses to expand anywhere but here. And thanks to a system of unnecessary carve outs, credits and tax subsidies, the U.S. tax code encourages companies to spend resources looking for special loopholes and benefits, rather than investing in and growing their businesses.

It’s little wonder high tax rates and high compliance costs are now the number one economic concern for small businesses.

Meanwhile, individuals and families are forced to deal with an incomprehensible tax code that costs time and money to navigate. Tax preparation costs more than $230 billion each year.

Ultimately, the broken tax code limits opportunities for Americans who want nothing more than to achieve success. Elected leaders need to pass tax reform that ends distortive tax credits, simplifies compliance and dramatically lowers individual and business tax rates—giving more people a better shot at a brighter and more secure future.

Feb 16, 2017

Tom Cotton Dismantles the Border Adjustment Tax

“Some ideas are so stupid, only an intellectual could believe them.” Senator Tom Cotton spoke yesterday night on the floor of the senate on his opposition to the border adjustment tax. He…

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Feb 15, 2017

Jim Cramer on the “Regressive,” Trillion-Dollar Border Adjustment Tax on American consumers

Jim Cramer hits the nail on the head on the Border Adjustment Tax calling it a “regressive tax,” and that it will hurt people. Watch the full clip below…

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Feb 15, 2017

“Border Adjustment” Tax Facing Trouble in the Senate

Bi-partisan Concern Over Unprecedented Trillion-Dollar Tax On Consumers House leaders are proposing a sweeping tax reform package to lower rates across the board. This bold effort should be applauded. But…

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Feb 03, 2017

Trillion-Dollar “Border Adjustment” Tax Increase Is Bad Politics, Even Worse Policy For American Consumers & The Economy

There are many components of pro-growth tax reform on which fiscal conservatives and free-market advocates can agree. Lowering rates across the board, broadening the base, and a simpler and flatter…

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Feb 02, 2017

Time to Scrap the Border Tax Idea

Tax reform must be a critical part of getting our economy growing. And a plan being advanced by House Republicans has many excellent features that will do just that, including lowering the…

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Dec 14, 2016

The End of Tax Extenders Puts Tax Reform in Reach

It’s a holiday tradition in Washington, D.C.: Unaccountable lawmakers traditionally use year-end spending bills to attach provisions for special-interest giveaways, pork projects, corporate welfare and higher spending – all…

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Jun 10, 2016

Freedom Partners Applauds House Resolution Opposing National Energy Tax

Arlington, VA – The House of Representatives today agreed to a resolution sponsored by Majority Whip Steve Scalise opposing attempts in impose harmful carbon tax proposals, which would be detrimental to the United…

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Apr 27, 2016

Freedom Partners Supports Legislation to Prevent IRS Abuse and Protect Free Speech

Arlington, VA— Today Freedom Partners applauded U.S. Rep. Peter Roskam’s new bill to repeal the Internal Revenue Service requirement that nonprofit organizations submit a Schedule B (private donor information) as…

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Apr 25, 2016

Eliminating All Subsidies is the First Step Towards Tax Reform

Senior Policy Advisor Andy Koenig wrote about the need to eliminate all tax breaks in Investor’s Business Daily. No Room for Corporate Welfare Carry-Ons Washington (almost) did it again. That…

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Apr 18, 2016

Happy Tax Day! Now Let’s Reform the Broken Tax Code

Today is tax day, which means Americans are more aware of the money we pay to our local, state, and federal government than ever as we rush to meet the last minute…

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