Begrudgingly Celebrating the 30th Anniversary of the Tax Reform Act of 1996
Entrepreneurs and small businesses are being crushed by an outdated, confusing and counter-productive tax code. And businesses aren’t the only ones being squeezed. The United States has the highest business tax rate in the world, which is costing American families $3,000 per year in spending power.
Yet despite these challenges, last week marked a staggering 30 years since Congress last passed major tax reform.
Working together, the next president and Congress can deliver for America's taxpayers by simplifying the tax code and setting a fair business rate of no higher than 25 percent within the first 100 days.
These days, there's been a lot of discussion about conservative media's culpability in creating unrealistic expectations and warped priorities among Republican voters. It's a reasonable critique. My question: When are we going to have this conversation about the other side — you know, the one that enabled the passage of a massive partisan health care reform law that's failed to deliver on almost all its promises?
No doubt, you'll remember all those romantic charts and stories from the liberal smart set predicting Obamacare's affordability and success. Remember the jeering aimed at conservatives…
"In an election season that has been full of surprises, let's hope the electorate understands that there is at least one thing of which it can be certain: A Hillary Clinton presidency will be built, from the ground up, on self-dealing, crony favors, and an utter disregard for the law. This isn't a guess. It is spelled out, in black and white, in the latest bombshell revelation from WikiLeaks. It comes…[more]