It is clear that our system of income taxes is broken. To restore our Nation's economic health, increase personal liberty, reduce cheating and confusion, and restore fairness, Congress must abandon our current tax code and replace it with something much better. There is no reason that paying taxes should be so complicated and so confusing. The burden in this process that is placed upon individuals and small businesses must be relieved. The IRS itself has estimated that 7.6 billion hours are spent in tax preparation every year. That 7.6 billion hours equates to 3.8 million people working full time for a full year. Congress can simplify this process and reduce the amount of time and energy spent on paying our taxes. As a longtime supporter of the FAIR Tax, I see H.R. 25 as a step in the direction of liberty and prosperity. The FAIR Tax seeks to eliminate the payroll, estate, and many other taxes to be replaced by a national sales tax levied on purchased goods. Overhauling the U.S. Tax Code is not an easy task to undertake, but reducing the burden of filing taxes should be a priority in this Congress.
Jerry Moran: “It is clear that our system of income taxes is broken. To restore our Nation's economic health, increase personal…”
Editor's note · Context
The speaker addresses the need for tax reform and supports the FAIR Tax proposal.
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