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Congressman Scott Tipton

Representing the 3rd District of Colorado

Taxes

The federal government continues to spend money we don't have and issue regulations that reduce revenues and stunt job creation. This is a bad combination. Our federal tax code has grown to be too big and too complex. Instead of promoting the growth of U.S. jobs, wages, and the economy, our tax code is working against us. In 1960, 17 of the 20 largest global companies were headquarted in the United States. Now that the U.S. imposes the highest corporate income tax rate in the developed world, this number has dropped to six.  I’m committed to cutting down on needless regulations, reducing wasteful spending, and simplifying our tax code in order to restore economic growth and the jobs that come along with a healthy economy. 

 

More on Taxes

May 16, 2018 In The News

Did you know that there are 611,495 small businesses in Colorado that account for 99.5 percent of the state's businesses?

Or that 48.6 percent of employed Coloradans work at small businesses?

April 23, 2018 In The News

This year, April 17, marked a day each American dreads: Tax Day. In the weeks leading up to this day every year, Americans scramble to fill out complicated tax forms with the hope that some of their hard-earned money will be returned by the government.

Filing taxes this year was the same old unpleasant and time consuming process that it has been for decades. However, the good news is that this was the last year that Americans will have to file their taxes under the broken and complicated system.

December 19, 2017 Press Release

WASHINGTON D.C. – Congressman Scott Tipton (CO-03) voted to help Coloradans – and all Americans – keep more of their hard earned money by supporting the Tax Cuts and Jobs Act (H.R. 1) conference report. The conference report must now be approved by the Senate before it can move to the President’s desk.

November 21, 2017 In The News

This past week the House of Representatives took a historical step forward and passed a comprehensive tax reform package. The last time the tax code was reformed was 1986, and since then, it has become convoluted, burdensome and has started working against Coloradan families and businesses. It is past time for tax reform, and the House delivered on its promise to provide relief for Americans at every income level.

November 16, 2017 Press Release

WASHINGTON D.C. — Congressman Scott Tipton (CO-03) voted to help Coloradans keep more of the money they earn, grow U.S. jobs and support a globally competitive America by supporting the Tax Cuts and Jobs Act (H.R. 1). The bill passed the House with a vote of 227-205.

September 27, 2017 Press Release

 

Congressman Scott Tipton (CO-03) issued the following statement after the House Republican Conference unveiled the United Framework for Fixing Our Broken Tax Code:

September 18, 2017 Press Release

Every year, in preparation for tax day, Americans spend 6 billion hours trying to navigate the internal revenue code and federal tax regulations (now up to 10 million words). The compliance bill has now reached $409 billion.

June 15, 2017 Press Release
Congressman Scott Tipton (CO-03) supported the VETERAN Act (H.R. 2372) and the Broader Options for Americans Act (H.R. 2579).
January 26, 2017 Press Release
Congressman Scott Tipton (CO-03) voted in support of a measure that would give Coloradans more protections from scammers seeking to obtain their personal information for fraudulent use.
October 12, 2016 Press Release
I recently shared the feedback I received when I asked over 100,000 people across the Third Congressional District if they thought today’s kids are on track to be better off than their parents.