The American people need an economy that works for them. The only way that will happen is if we have a tax code that rewards Main Street job creation, empowers our businesses and workers, and allows people to keep more of their hard-earned money.
Instead, we now have a tax code that rewards Washington special interests and empowers our international competitors.
House Republicans have a bold plan to completely overhaul America’s broken tax code. According to estimates from the independent Tax Foundation, our proposal will support the creation of more than 97,000 full time jobs in Florida over the next 10 years, and grow Floridians’ median after-tax incomes by over $4,000.
Over 30 years have passed since America last overhauled its tax code. Since then, our international competitors have taken significant action to make their tax systems more competitive for their businesses and workers. Meanwhile, the U.S. tax code has fallen incredibly far behind – and American workers have watched their jobs move to countries with more competitive tax systems.