I rise today to talk about what is really a ``once in a generation'' opportunity, and that is the opportunity we have right now to reform our outmoded and complex Tax Code and also, most importantly, to provide tax relief for our Nation's families, farmers, and small businesses. Our Tax Code has not been updated since 1986. When you think about all that has changed over the last 30 years, you know that modern advances in technology have drastically revolutionized the way business is conducted. Today, the creation of the internet, substantially increased automation, and instant communications have created dramatic changes and in many ways have brought us closer in terms of communication and have interconnected our global economy in ways we never could have foreseen back in the 1980s, when we last reformed our Tax Code. So it is past time--not time but past time--to modernize our outdated Tax Code to the 21st century. We must do so in order to ensure that American businesses can compete on the global stage, while providing tax relief to hard-working middle-class families who have been struggling to get and stay ahead over the last decade. The recently released tax blueprint proposes sweeping tax reforms that will benefit working families and small businesses throughout the country while promoting job creation, economic growth, and global competitiveness.…
Share
More from John Hoeven
We ask a great deal from our law enforcement, which can often be a demanding and dangerous career. We appreciate everything they do to protect our communities. They have our gratitude, and they deserve our support.
By partnering our coal and oil industries and using CO2 for enhanced oil recovery, we are creating an additional revenue stream to help keep our coal-fired power plants online.
Crop insurance is farmers’ most important risk management tool, and protecting their Actual Production History is essential for maintaining coverage levels over the long term.
At the same time, we’ve continued working with the DOJ to get this $1.8 million in federal funds to the CVIC. This organization does vital work in the Grand Forks region, serving some of the community’s most vulnerable members," said…





