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Leading House Republican Weighs in on New Tax Reform Legislation
The Price of Business Digital Network is a leader in providing thoughtful news and information on the important stories of the day. Here's the latest from a PoB Digital Network Member.

BriefingWire.com, 6/21/2019 - FROM USA BUSINESS RADIO

Rep. Kevin Brady (R-TX) noted:

“Despite our strong differences on issues like Medicare for All, weaponizing the tax code for political purposes, and raising payroll taxes on American workers, we have worked hard to find common ground on reforming the IRS, modernizing the tax code to encourage more savings, and taking the first step toward greater transparency on drug prices in Medicare.

“Unfortunately, we find ourselves today debating legislation that was sprung on Congress sight unseen merely two days ago – without any Republican input.

“That is incredibly discouraging.

“And on top of that, many of these bills double down on some of Washington’s worst taxing habits, promoting fiscally irresponsible, temporary, and slow-growth tax policies that could add over a half a trillion dollars to the national debt.

“Just two years after our new tax code was implemented, the trajectory of America’s economy has been changed for the better.

“After years of stagnation, workers now have bigger paychecks and first-say over more of their money.

“This is a good thing that all lawmakers should be encouraged by – and take as a sign that we need to continue working to make our tax code even more competitive.

“Which is why Republicans made a commitment to change the culture in Washington, from one that waits an entire generation to fix a broken tax code, to one that keeps our code ahead of the pack.

“To be the best in the world, our tax code needs to promote growth and permanence.

“Changing the culture in Washington to ensure our tax code embodies these characteristics means not doing temporary tax policy whenever possible.

“Temporary tax policies typically only muddy up our tax code in order to appease special interest.

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www.usabusinessradio.com/leading-republican-on-ways-and-means-discusses-tax-legislation/

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