Tipton Votes for Fairer, Simpler Tax Code
WASHINGTON, DC –Rep. Scott Tipton (R-CO) released this statement following a vote in favor of H.R. 6169, the Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012, which makes headway toward needed tax reform, encouraging job creation.
“We need comprehensive tax reform in this country. The current convoluted system includes thousands of pages of tax code with countless loopholes and credits that oftentimes allow special interests to escape paying their fair share, while increasing the burdens on job creators and American families. Today, the House took a step in the right direction toward tax reform by voting for a fairer, simpler tax code that lowers rates and closes special-interest loopholes, providing needed relief and added certainty for American families and businesses. Additionally this bill would make the United States more competitive in the global economy by lowering the corporate tax rate to 25 percent, encouraging investment on American shores, creating needed American jobs. Like I said, this is a step in the right direction. There is still much to be done in order to fully address the problems facing our country’s tax structure, and it is time for Washington to have a long overdue debate on how to best move forward with comprehensive tax-reform. ”
Tipton has met with members of the House Ways and Means Committee, including Chairman Dave Camp, to discuss moving forward with comprehensive tax reform that still provides incentive for charitable giving and home ownership.