Tax reform, above all else, will secure our economic future
Originally published in The Hill.
As national leaders move forward with plans to revitalize the U.S. economy, no single issue has more promise to unleash America's potential than comprehensive tax reform. Our tax code is significantly dated. Taxes, especially on the business side, are too high and unnecessarily complicated. The cumbersome tax system stifles economic growth and restricts our ability to create jobs. That is why the American Council for Capital Formation has developed a broad set of policy recommendations to streamline the tax code to make it simpler, fairer and more oriented toward the formation of capital.
As national leaders move forward with plans to revitalize the U.S. economy, no single issue has more promise to unleash America's potential than comprehensive tax reform. Our tax code is significantly dated. Taxes, especially on the business side, are too high and unnecessarily complicated. The cumbersome tax system stifles economic growth and restricts our ability to create jobs. That is why the American Council for Capital Formation has developed a broad set of policy recommendations to streamline the tax code to make it simpler, fairer and more oriented toward the formation of capital.