FROM: U.S. HOUSE WAYS AND MEANS COMMITTEE CHAIRMAN DAVE CAMP
Yet, some in Washington think taxes need to be even higher. At a time when we’re all paying more for gas, more for groceries and more for health care, the last thing we need is to pay more to Washington.
It's time to stand up and say 'enough is enough.' Washington needs to live within its means, and make the tax code simpler and fairer so our economy gets stronger, more jobs are created and paychecks start going up again. We’ve already lost a decade due to how weak the economy is, and before we lose a generation, it’s time for real, meaningful tax reform to get this economy back on track.
Earlier this year I released a blueprint for tax reform that does just that. The non-partisan experts have looked at my bill, and they say it would grow the economy by over $1 trillion. That means an extra $1,300 in the pockets of average families.
My draft makes the tax code more effective and efficient by getting rid of special interest handouts to lower tax rates for individuals, families and businesses.
We make the tax code so simple, that 95 percent of taxpayers get the lowest possible tax rate by simply claiming the standard deduction – no more gathering all those receipts and filling out all those forms.
This will not only help families, but it will help large and small businesses alike expand, hire new workers and increase benefits and take home pay for American workers.
So this year, as you fill out your taxes, think about what it would be like if you only had to fill out one form. And on top of that, think about what it would be like if you could trust that Washington wouldn’t waste your hard-earned money."
