Tax reform is one of the most important legislative priorities for Congress and the administration this fall. Good tax reform will unleash economic growth, creating greater opportunity and prosperity for all Americans.
This week, the communications team at Heritage released a video on the impact of tax reform on an average, middle-class American family.
Watch the video below:
Tax reform is a critical issue that is needed to give new life to our economy and put more money back in the pockets of the taxpayer.
Heritage has long advocated for a robust tax reform overhaul and will continue to show the need for major change on this issue.
Sound tax reform should achieve:
- Lower individual and business tax rates
- Establish the right tax base
- Eliminate the bias against savings and investment
- Eliminate tax preferences
- Simplify the tax system and make it more transparent so taxpayers fully understand how much they pay to fund the federal government
How might tax reform impact you? Do you feel like the current tax system is fair and balanced?