Today’s broken tax code is so complex that 9 out of 10 Americans pay for software or a professional tax preparer to file their taxes each year. That amounts to billions of hours and dollars that middle-class families must spend filling out tax forms – all to send more of their hard-earned paychecks to the Internal Revenue Service.
The House, the Senate, and the Trump Administration are taking action to end the expensive and time-consuming nightmare of tax-filing season. Our unified framework for tax reform will allow the vast majority of individuals and families to file their taxes on a form as simple as a postcard – helping ensure middle-class Americans can focus more of their precious time and money on what matters most to them.
Congressman Kevin Brady (R-TX) is Chairman of the powerful tax writing Ways and Means Committee. Recently he was a guest on the Price of Business show (media partners of USADC) with Kevin Price. Check our that interview in its entirety here.
The Congressional tax-writing committees are working on the details for our postcard-style tax form, but here’s an updated version of what the postcard could look like based on our framework:
CLICK HERE to learn more about how tax reform will lead to simpler, fairer taxes for Americans of all walks of life.