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.


Aug 18, 2017

Sen. Manchin: ‘We Need a Competitive Global Tax Rate’

Our broken tax system is rigged to favor well-connected special interests at the expense of everyone else. The tax code is a Swiss cheese of carve outs, loopholes and corporate welfare…

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Aug 17, 2017

Senator Nelson’s Chance to Put Words Into Action

It’s been more than thirty years since Congress last overhauled our tax laws, and in the decades since the tax code has become a complicated mess. Over 70 percent of Americans…

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Aug 17, 2017

Bold Leadership for a Simpler, Fairer Tax Code

Arlington, VA – To mark 31-years after the 1986 tax reform package President Ronald Reagan signed into law, House Ways & Means Chairman Kevin Brady, joined by Representatives Peter Roskam, David Schweikert…

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Aug 15, 2017

Sen. McCaskill: U.S. Tax Code “Broken and Needs Reform”

It’s been more than thirty years since Congress last overhauled our tax laws, and in the decades since the tax code has become a complicated mess. Over 70 percent of Americans…

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Aug 14, 2017

Sec. Mnuchin: Un-rigging the Tax Code Will Provide Trillions of Dollars in Revenue & Spur Economic Growth

An anemic 2-percent economic growth. This was the economic reality Americans were dealt under the Obama administration’s tangled web of federal regulations and broken tax system, which rigs our economy…

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Aug 11, 2017

Passing Historic Tax Reform Becomes Much More Difficult if Congress Doesn’t Act in 2017

Americans deserve a simplified, fairer and flatter tax code, but if Republicans are unable to galvanize around a positive vision for tax reform before the end of the year, making historic reforms…

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Aug 10, 2017

Sec. Mnuchin: Everyone, Republican or Democrat, Understands Tax Reform is Good for Jobs

Tax reform is good for job growth, and everyone knows it. That’s what Treasury Secretary Steven Mnuchin was saying at an event hosted by Freedom Partners and Americans for Prosperity (AFP…

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Aug 08, 2017

Sec. Mnuchin: Tax Reform is About Creating Jobs, Wage Growth & Making America Competitive

Tax Reform will create opportunities for all Americans through job creation, wage growth and a simplified tax code that strengthens American competition while opening the door for investments. At a tax reform…

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Aug 08, 2017

Sec. Mnuchin: Tax Reform is Critical to Economic Growth & Un-rigging the Economy for All Americans

Treasury Secretary Steven Mnuchin recently sat down with Americans for Prosperity President Tim Phillips to discuss comprehensive tax reform and how it can un-rig the economy, as well as help bring…

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Aug 07, 2017

Tax Reform Is About Creating Opportunity for All Americans & Ending the Rigged Economy Favored by Special Interests

America’s current tax code is a broken maze of laws and regulations that only a Washington lobbyist could love. That’s because it is loaded with special carve outs and loopholes…

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