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Blog

It's Crunch Time in the Senate on the Tax Reform Budget Resolution

Coming off a week-long recess and without any significant legislative victories this year, the pressure is on the Senate this week to pass the FY 2018 budget resolution, S.Con.Res. 25, which provides reconciliation instructions for fundamental tax reform. The House passed its own version of the FY 2018 budget, H.Con.Res. 71, on October 5 by a vote of 219 to 206.

15 hours ago
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Blog

State and Local Tax Deduction To End Under New GOP Tax Framework

Americans like their tax deductions, but mainly because the tax rate to begin with is too high. This same principle holds for the state and local tax (SALT) deduction currently part of the 74,000+ page federal tax code. This deduction seems like a good idea, but Americans would be much better off with this deduction eliminated, and instead given real tax breaks across the board. Fortunately, the GOP tax reform framework released at the beginning of the month does just this.

10/09/2017
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Blog

The Tax Code Should Not Subsidize High Tax Burdens in Blue States

The discussion inside Congress to eliminate the state and local tax deduction is a welcome path to sustainable tax reform that doesn’t fuel deficits. Its repeal would provide breathing room for pro-growth reforms like lower corporate tax rates, fewer income brackets, and overall simplicity.

10/03/2017
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Blog

The Unified Tax Reform Framework Is a Path for Growth

On Wednesday, the "Bix Six" -- Treasury Secretary Steve Mnuchin, National Economic Council Director Gary Cohn, Speaker Paul Ryan (R-Wis.), Ways and Means Chairman Kevin Brady (R-Texas), Majority Leader Mitch McConnell (R-Ky.), and Finance Committee Chairman Orrin Hatch (R-Utah) -- unveiled a unified framework for fundamental tax reform. There are still many details that need to be provided, but the framework overhauls and simplifies the tax code, promoting economic growth, job creation, and fairness.

09/30/2017
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Press Release

It's Time for Fundamental Tax Reform

Following the conclusion of President Donald Trump's speech on tax reform and the economy, FreedomWorks President Adam Brandon commented:

08/30/2017
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Op-ed Placement

'Keep It Simple, Stupid'

One of the most enduring lessons from the Obamacare fiasco, is that to win a political battle it is best to keep the message simple. If there are too many moving parts to a plan, if Americans don’t understand what the politicians are doing, or if there are parts of a bill they don’t like, it probably will go down in flames.

08/28/2017
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Op-ed Placement

Why A Major Tax Overhaul Is Easier than Minor Tax Reform

Some think that a big win on tax reform is a pie-in-the-sky dream. But the truth is that it will be easier to overhaul the tax code than it will be to tinker around the edges.

08/15/2017
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Blog

Preserving Taxpayers’ Rights Act (H.R. 3220) Slashes IRS Waste

With Republicans controlling every branch of government, eliminating Internal Revenue Service (IRS) inefficiencies should be a no-brainer. Rep. Jason Smith’s (R-MO) Preserving Taxpayers’ Rights Act, H.R. 3220, will do just that. This bill eliminates wasteful tactics used in IRS audits and evaluations of tax disputes.

07/20/2017
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Press Release

FreedomWorks Supports Freedom Caucus in Cancelling August Recess

FreedomWorks Vice President of Legislative Affairs Jason Pye made the following statement:

07/12/2017
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Op-ed Placement

Congress Needs to Take Axes to Taxes

BY Adam Brandon and Alfredo Ortiz

Despite the fact that Republicans hold the White House and majorities in the House and Senate, six months have passed and we've seen zero major legislative victories. Some conservatives are calling on Congress to cancel their August recess in order to make progress on top priorities, including fundamental tax reform.

06/28/2017

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