John Cornyn: “today I would like to talk about a topic that most of us don't want to discuss, and that is taxes, except today is…”

“today I would like to talk about a topic that most of us don't want to discuss, and that is taxes, except today is different. This time, you don't have to groan over spreadsheets and calculations or worry about how much of your hard-earned pay you are going to have to send to Uncle Sam. Today, leaders in the House and in the Senate will unveil their core principles for tax reform. The President will travel with our colleague Senator Young to announce his support for these core principles. Taxes can be confounding and complicated and painful to deliberate, but for folks back home, what I believe describes our tax principles is to say more take-home pay, and that works for everybody. In other words, you actually reduce your living costs because Uncle Sam takes less of your paycheck, meaning you get to keep more of it and take that home and spend it on things that you would prefer to spend it on. So more take-home pay is our bottom line. I look forward to working with the chairman of the Finance Committee, on which I have the privilege of serving, and Speaker Ryan and Chairman Kevin Brady of the House Ways and Means Committee--another good Texan-- on their ideas, which I know were born from many long hours and tough conversations. But this is going to be a national conversation, starting with the President kicking this off this afternoon in Indiana. He is going to invite the American people to express their views on what tax reform should look like.…”