Tax Relief for All Americans
In 1986, then President Ronald Reagan introduced a sweeping plan to reform our nation’s tax system, and it worked. It simplified the outdated tax code which opened the door for individual prosperity and spurred economic growth. It also became one of the highlights of his presidency. Since then, our society has grown and the value of the U.S. dollar has changed. The working middle-class taxpayer today probably does not have the same priorities as they did in 1986. After five different administrations following Reagan, our country has yet to see a major overhaul of our tax system to fit the needs of every class of Americans. It’s time that we adjust, simplify and reform our broken tax code.
Last week, House Republicans, the Trump Administration and the Senate Finance Committee unveiled the structure and framework for a tax system that fits the 21st century. It is a plan that will deliver economic growth, incentivize the American taxpayer, provide relief for small businesses and simplify the filing process. This means that Americans can keep more of their hard-earned money and have a tax system they actually understand. Furthermore, it means relief for small businesses and corporations through generous tax cuts.
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