South Carolina Senate Fact #8: DeMint Tackles Tax Code Waste

South Carolina’s U.S. Senate candidates recently sparred before a national audience over tax reform on NBC’s Meet the Press. Tax reform is urgently needed because for every dollar Americans pay in taxes, they pay another 20 cents in costs just to comply with the complex and convoluted tax code.

These costs add up to a $194 billion drag on the economy– money wasted complying with taxes that could be spent productively elsewhere creating jobs. Representative Jim DeMint recognizes this unnecessary waste and pledges in the FreedomWorks Candidate Survey to do something about it by scraping the tax code and replacing it with something that is simple and fair. In the Survey, he also promised not to raise taxes.

DeMint’s opponent Inez Tenenbaum, on the other hand, offers no plan for fundamental tax reform and instead is resorting to scare tactics: She is trying to mislead South Carolinians into believing that Jim DeMint wants to raise taxes– even though he has never voted for a tax increase in his years in Congress and pledges not to do so.

In fact, it is Inez Tenenbaum who supported the largest tax hike in South Carolina state history just last year and refuses to complete the Candidate Survey to let citizens know where she stands on taxes. Most importantly, she has no proposal of her own to get rid of America’s $194 billion tax code compliance burden.

The truth: Jim DeMint is the only candidate who pledged to scrap the code and end this unnecessary waste.

For more information, please visit http://www.freedomworks.org/southcarolina/