Taxes

tax form and coinsThe U.S. tax code is over 4 million words long, riddled with complexities and loopholes that have been added to the code since the last rewrite, which was over 25 years ago.  Our burdensome tax code is holding our economy back.  The United States has the highest corporate tax rate in the industrialized world, and The World Bank ranks the U.S. 62nd on the ease of paying taxes in its Doing Business study.  It is so difficult for individuals to pay their taxes that nearly ninety percent of Americans either purchased a computer program, or hired a tax professional in order to comply with our current code.

Studies have shown that reforming both our corporate and individual tax code has the potential to unleash economic growth and job creation. The Ways and Means Committee is working to make the U.S. the most competitive tax jurisdiction in the world to unleash American innovation.  By closing loopholes and lowering rates, we can create a tax policy that is simpler, flatter, and fairer for everyone.  

More on Taxes

Mar 21, 2017 Press Release
The loss of a child takes a nearly unimaginable toll on any family.
Mar 7, 2017 Press Release
We’re presenting a plan to increase access to affordable, patient-focused health care for all
Feb 28, 2017 Press Release
President Donald Trump delivered remarks to a joint session of Congress this evening
Feb 10, 2017 Press Release
Chairman Roskam met with individuals from all walks of life to hear how they interact with the tax code.
Feb 2, 2017 Press Release
I'm glad to see so many great American companies stepping up to the plate and recognizing the need to end the 'Made in America' tax
Jan 9, 2017 Press Release
He is expected to play a leading role in the first major overhaul of the nation’s tax code in over three decades
Sep 22, 2016 Press Release
Today we took a big step toward delivering justice for victims of IRS abuse.
Sep 14, 2016 Press Release
Experts testified on the rising costs of higher education and how some institutions are using their tax-exempt endowments to fulfill their charitable purposes and reduce costs for students.
Jun 24, 2016 Press Release
Everybody knows we need something new and now House Republicans have put forward a bold plan – a better way.
Jun 22, 2016 Press Release
If Boeing goes through with this deal, the company will forever be associated with Iran's chief export: radical Islamic terrorism.