One thing I would like to see discussion on, instead of just straight more tax relief, perhaps move towards tax simplification, with the intent of accelerating the debt pay-down, because if we can do it this way in the year 2026, if we just change taxes to make it simple, I believe many, many people in America, given the choice of reducing their tax rate 5 percent versus going to a flat tax or a consumption tax, they would probably say, give me this tax simplification, because the extra money I am having to pay my accountant and lawyer to file my taxes is a tax anyhow. So just give me tax simplification. I am very proud that the Republican party has taken the initiative on that. I am proud that the gentleman from Texas [Mr. Armey] and the gentleman from Louisiana [Mr. Tauzin] are going to be going around the country having debates on consumption versus flat taxes. I have not fully decided which route we should go in terms of the folks back home, but I welcome the dialogue in the debate.
Jack Kingston: “One thing I would like to see discussion on, instead of just straight more tax relief, perhaps move towards tax…”
Editor's note · Context
Discussing tax simplification and its potential benefits during a floor speech.
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