Sep 21, 2017
VIDEO: What Pro-Growth Tax Reform Could Mean for Indiana
Post by Freedom Partners
Arlington, VA – With Vice President Mike Pence traveling to Indiana Friday to discuss the many positive, tangible benefits of tax reform, Freedom Partners Executive Vice President James Davis explains how a simpler, fairer and flatter tax code would help all Hoosiers.
The U.S. tax code is currently rigged against average Americans – set up to benefit well-connected special interests who can afford to pay the lobbyists, consults and lawyers, while average Americans lose out. America also has the highest corporate tax rate in the developed world, undermining our competitiveness in the global economy. Unless corporate tax rates are reduced significantly – below the global average – jobs and opportunity will continue to leave the United States.
History proves that cutting tax rates and reforming the code is a win for everyone – more jobs, higher wages, bigger paychecks and greater financial security for Americans to save and plan for the future. More from James Davis about the importance of accomplishing tax reform this year:
The Importance of Pro-Growth Tax Reform
“It’s clear, the White House agrees and Congressional leadership agrees that the economy has been rigged against the American people. Now is the time to get rid of all the special interests, the loopholes, the deductions, lower the rates, simplify the tax code. This is critical to get it done this year. Congress has to act urgently to get it done this year, and we’re glad to see the Vice President out in Indiana to talk about this. To talk about how tax reform is going to help improve individuals lives.”
Why is Tax reform important to Hoosiers?
“Under our current code a lot of individuals have lost hope. When you fill out your tax code, when you fill out your tax forms at the end of every year now you’re not even sure you get it right. Most Americans are paying a consultant to do that. It’s frustrating and unnecessary to have to go through that process. Let’s simplify it, it’s way too complex right now, and let’s make it fair for all Americans.”