The U.S. tax code is a tangled mass of complexity, containing more than 4 million words. The immense difficulty in navigating such a document creates endless loopholes and opportunities for abuse by well-connected insiders, while at the same time distorting investment decisions and hindering economic growth. It’s time to scrap the code and replace it with one that is low, flat, fair and honest. Ultimately, all Americans should be able to file their taxes on a form the size of a postcard.
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America is not even two years removed from the passage of one of the biggest tax reform measures in decades. Yet, we have already seen job creation, economic growth, and heard hundreds (if not thousands) of stories about businesses being able to afford to pay their workers more because of these tax cuts. Money is, in fact, better left in the hands of the American people than the American government.
WASHINGTON, D.C. -- In response to this morning’s report that the U.S. economy added 196,000 jobs in the month of March 2019, FreedomWorks President Adam Brandon commented:
WASHINGTON, D.C. -- In light of comments from billionaires such as Warren Buffett, Howard Shultz, and Bill Gates, that wealthy American such as themselves should pay higher taxes, FreedomWorks has launched its “Pay Your Fair Share First” campaign that streamlines the process for contributing gifts to the federal government. FreedomWorks President Adam Brandon commented:
“This is the flip side [of] tax the rich, tax the rich, tax the rich. The rich leave, and now what do you do?” Gov. Andrew Cuomo asked this month, and it’s a vexing question.
There has been much talk in recent weeks of marginal income tax rates. Although the far-left have, talked about a return to high marginal income tax rates for several years, Rep. Alexandria Ocasio-Cortez (D-N.Y.) recently renewed the conversation. The “democratic” socialist has called for a massive wealth redistribution, with a top marginal rate of 70 percent.
WASHINGTON, D.C. -- In response to the Bureau of Labor Statistics report this morning that the US economy added 350,000 jobs in the month of December, 2018, Stephen Moore, FreedomWorks Senior Economic Contributor, commented:
WASHINGTON, D.C. -- In anticipation of the report by the Bureau of Labor Statistics that will be released Friday morning, Stephen Moore, FreedomWorks Senior Economic Contributor, commented:
WASHINGTON, D.C. -- In response to the recent report by the Department of Labor which showed a 3.1% increase in U.S. workers’ wages and salaries, Adam Brandon, FreedomWorks President, commented:
WASHINGTON, D.C. -- In response to the proposal by prominent Democrats to repeal the Tax Cuts and Jobs Act and replace it with increased government transfer payments, Adam Brandon, FreedomWorks President, commented:
