The issue of Tax Reform affects all of us and dealing with it is an important part of my work in Congress.
As you know, the tax code in this country is vast, often contradictory and indecipherable. On average, more than one new tax provision has been added to the tax code each day, with nearly 4,500 changes in the last decade. As a result Individuals and businesses spend 6.1 billion hours per year on tax filings and $431.1 billion annually trying to comply with the tax code.
The problem in this country is not that we tax our citizens too little; it is that we spend too much. Tax rates cannot go up indefinitely and are not a solution to the hard choices we must make as a nation. Accordingly, I am committed to reducing the tax burden on all Americans and fighting the culture of spending in Washington.
A simpler, fairer tax code without all the loopholes will be fairer for everyone, bring jobs home and help make American innovators and manufacturers more competitive.