Political Quotes

On the recordJune 17, 1998
I rise in support of H.R. 2097, the Tax Code Termination Act. I am pleased to be a co-sponsor of this legislation which will sunset the current tax code effective December 31, 2002 and require that Congress enact a new code by July 4, 2002. It is time that this Congress began the effort to fundamentally reform the way government collects revenue. The reason I support this bill is simple: The current tax code is unfair, too complex, and too burdensome on America's families. The debate over the tax code is now becoming one on not whether it should be replaced, but how to do it. Whether it's a flat tax or a national sales tax, I believe that the federal income tax is economically destructive and that almost any alternative would be better than the status quo. I have been literally inundated by letters, calls, and emails from my constituents who are fed up with the unfairness and unnecessary complexity of our current tax code. Just consider these appalling statistics--the total tax burden on Americans is the highest ever, a whopping 31.7 percent of income. Not only are our taxes way too high, the size and complexity of the current code serve to compound the burden. Families and businesses spend over $225 billion per year to figure out how to comply with our federal tax code.
Said by
Dennis Hastert
Illinois

Editor's note · Context

Supporting the Tax Code Termination Act and advocating for tax reform.

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