Time for Tax Reform

Edgar's picture

Each year, Tax Day is an unpleasant reality check on how complicated and outdated our tax code has become. Tax reform is next on our legislative agenda, and we have a once-in-a-generation opportunity to lessen the burden on American families and businesses.

When Washington last undertook comprehensive tax reform, Ronald Reagan was president, the average price of a new home in the U.S. was $111,900, and a gallon of gas cost 89 cents. Much has changed in our country since 1986, but our tax code has only become more complicated.

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