Taxes
October 2, 2017
In 1986, then President Ronald Reagan introduced a sweeping plan to reform our nation's tax system, and it worked. It simplified the outdated tax code which opened the door for individual prosperity and spurred economic growth. It also became one of the highlights of his presidency. Since then, our society has grown and the value of the U.S. dollar has changed. The working middle-class taxpayer today probably does not have the same priorities as they did in 1986.
Issues:Taxes
September 27, 2017
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after an all-Republican conference of House members, the Committee on Ways and Means, House Leadership and the Vice President provided briefings on the Republican framework for tax reform.
Issues:Taxes
June 27, 2017
The last time Congress made significant changes in the tax code, Ronald Reagan was president. A lot has changed since then, and it is long overdue for an overhaul of the tax code that reflects our changing economy, trade practices and societal priorities. When Speaker Ryan delivered his speech on tax reform last week, he made it clear that Americans must have confidence in our economy, their jobs, and their ability to care for themselves and their families. Our current tax code is overly burdensome and complicated.
Issues:Taxes
January 28, 2017
In just a few weeks, President Trump is expected to send Congress a federal budget that many expect will propose significant cuts to non-military spending. It will likely be the kind of proposal the GOP majorities in both the House and Senate have long embraced in theory but have had a harder time accepting in practice because it would require ending programs some of them support.
October 3, 2016
Every American should have the opportunity to pursue and achieve the American Dream. One of the most basic foundations of opportunity is American enterprise and the ability for citizens to enter the workforce. Our economy has seen its ups and downs throughout our history. But since this Administration took office, the economy has seen more bad than good.
Recently, Speaker Ryan released a report on the state of the U.S. economy, and the results and outlook were dismal.
September 26, 2016
Americans have become all too familiar with the recent confusing and shady practices of the Internal Revenue Service, and no one looks forward to seeing an envelope from them in their mailbox. It is one of the most unpopular government agencies because it is also one of the most powerful in its ability to literally ruin people’s lives.
Americans justifiably expect an agency with this kind of power to have internal controls which ensure that American taxpayers are treated fairly and equitably.
Issues:Taxes
July 25, 2016
One of the greatest aspirations we have in this nation is the concept of the “American Dream”. The idea that any person, regardless of race, ethnicity, gender or religion can achieve prosperity, happiness and success has always been a bedrock principle of our national experience.
June 13, 2016
As intentionally spelled out in the U.S. Constitution in the first and arguably most foundational amendment, “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press.”
Issues:Taxes
July 7, 2008
The traditional tax deadline may have passed - but millions of taxpayers who are eligible to obtain economic stimulus payments have not filed the necessary paperwork to receive them. Those taxpayers will soon be at risk of losing their stimulus benefits.
Issues:Taxes
June 17, 2008
Last week the Republican members of the U.S. House unveiled an economic agenda designed to lower gas prices, eliminate wasteful government spending and prevent tax increases.