Stand Tall For America

Tax Reform

Our tax laws have been hijacked - and common sense has been left behind.

Our tax code is complex and mind-boggling, and it hammers hard-working, middle-class Americans. And every year, it gets worse.

Instead, let's get rid of the special interest tax breaks, let everybody file their taxes on a one-page form, and make sure that a dollar earned through work is taxed the same as a dollar earned through investment.

That's Senator Wyden's "Fair Flat Tax" idea.

Here's how it would work.

First, one simple requirement: All Americans should be able to complete their taxes in an hour or less on one piece of paper or the digital equivalent. Even if you consider Capitol Hill a logic free zone, Congress should be able to craft a tax system where you take your income from all sources, subtract a handful of deductions, take a few credits, add it up and send it off to the government.

Second, we'll slash six tax brackets to three - and get rid of a host of loopholes and special rates. You won't have to know the difference between exclusions, exemptions, deductions, deferrals, and credits, or have to hire an accountant to figure it out for you. The Fair Flat Tax would keep the handful of deductions and credits that have proven to help American families—the home mortgage interest deduction, the charitable contribution deduction, and the credits for education and earned income.

Third, it's time to treat wages and investment the same. It just doesn't make any sense that a hard-working auto mechanic pays a higher tax rate than a millionaire hotel heiress. But right now, the tax rate on a day's wages can be more than 20% higher than the tax rate on investment income.

By restoring fairness to our tax code, we can give working people and the middle class meaningful tax relief, make paying taxes less taxing on everyone, and begin the long process of reducing the deficit.

Ready to take action?

Sign up here to Stand Tall for Tax Reform. We'll keep you posted on the campaign, and let you know when we have more opportunities to take action.