Rep. Gosar Fights for Comprehensive Tax Reform

Aug 2, 2012 Issues: Tax Reform

 

 

FOR IMMEDIATE RELEASE:                                                          August 1, 2012

CONTACT:                                                                                Apryl Marie Fogel
                                                                                                 
                                                                        AprylMarie.Fogel@mail.house.gov  

                                   Rep. Gosar Fights for Comprehensive Tax Reform
 

“We need a tax code that is simple and clear”
 

Washington, D.C.—Today, U.S. Congressman Paul Gosar (R-AZ) voted in favor of the Pathway to Job Creation through a Simpler, Fairer Tax Code Act (H.R. 6169), legislation to streamline the path for comprehensive tax reform in the 113th Congress. The House approved the measure by a vote of 232 to 189.

“Families and businesses cannot make long-term financial decisions if they are forced to plan around a short-term, hodge-podge tax system,” said Congressman Gosar. “Congress must restore clarity and simplicity to the U.S. Tax Code via comprehensive tax reform.”

“Remarkably, the United States has the highest corporate tax rate in the free world. American competitiveness worldwide is extremely hampered as a result.  I am committed to restoring America’s competitive edge by lowering taxes and giving individuals a tax-code that is simple and clear.” 

Yesterday, the U.S. House of Representatives approved legislation, the Job Protection and Recession Prevention Act of 2012 (H.R.8), that prevents tax increases by extending current tax rates for one year.  Today’s vote lays the groundwork for comprehensive tax reform in the 113th Congress.  Specifically, the legislation would lower corporate tax rates from 35% to 25%, abolish the Alternative Minimum Tax, and consolidate the number of income tax brackets from six down to no more than two.
 
As a small business owner, Congressman Gosar knows first-hand the detrimental impacts an unstable and complex tax environment has on our nation’s job creators.  He has been advocating to end the status quo and for comprehensive reforms.

                       
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