Aug 25, 2017

Liberals Move to Halt Progress on Historic Tax Reform — But Not All Democrats Agree

Post by Freedom Partners

The need to fix the broken tax code has typically been an issue that both Republicans and Democrats agree on. But while many Democrats have spent years calling for tax reform – such as senators Manchin, McCaskill and Donnelly – some of the biggest advocates have grown curiously silent now that they have the opportunity to do something.

Now, that silence could be starting to crack. Democrat Rep. Tim Ryan (OH) made his views clear in an interview with MSNBC that the tax code needs to be simplified, the rates need to be lowered, and it’s time for his colleagues in his party to speak out on it.

Rep. Tim Ryan: “I think we need to simplify the tax code. I think we need to lower the corporate tax rate. We can’t just be the party of redistribution of wealth. We’ve got to be the party of creation of wealth, and not just in Silicon Valley and Wall Street, in Youngstown, in the South, we’ve got to create new wealth in this new economy.”

History teaches that when our elected leaders deliver bold tax relief, the economy accelerates resulting in positive, tangible outcomes for Americans finding it tougher and tougher to get ahead. This means creating more jobs, higher take home pay and greater financial security to save for the future.

Our tax system should work for everyone, not just the well-connected who can afford to pay the lobbyists, consultants and lawyers to preserve their special interest giveaways. Freedom Partners urges lawmakers and the administration to seize this transformational, once-in-a-generation opportunity to un-rig our economy through historic tax reform.

Read the Freedom Partners and Americans for Prosperity vision for reform here.