Taxes and Revenue
With over 70,000 pages in the current tax code, our system is overly complex and inefficient. I support comprehensive tax reform that simplifies the tax code, closes unfair loopholes, and lowers the overall rate on individuals and businesses in order to encourage job creation, investment, and economic growth. I believe individuals, families, and small businesses should keep more of their hard-earned money. In these challenging economic times, raising taxes on individuals and small businesses is irresponsible and will further reduce economic investment and business growth.
The United States has the highest corporate tax rate of the industrialized world. In order to remain competitive, this rate needs to be lowered while eliminating loopholes that have allowed some corporations to avoid taxes