Now that your federal income tax return has (hopefully) been filed, don’t you think it’s time to improve the tax system?
The good news is that tax reform is on the agenda in Washington. However, lawmakers need to hear from their constituents that they want comprehensive reform that helps to grow the economy and fix the debt, instead of changes that will make things worse.
Tax reform that doesn’t add to the national debt will be more effective in growing the economy and will make the debt challenge easier to solve. Addressing the $1.6 trillion in tax breaks in the tax code can make taxes simpler and fairer while boosting the economy and reducing deficits.