Tax Reform Debate Good News For Working Families
(Washington D.C.) – Working families may emerge as the winners as an overdue conversation on tax reform is set to take place this summer, according to the Chairman of the House Budget Committee. In his recent State of the Union Address, President Obama called for reform – including tax increases on investment and an unprecedented system of double-taxation on companies operating outside the United States. But instead of imposing an additional burden on top of the increases enacted in recent years, the focus should be on passing reform to increase economic opportunity and boost Wages . Millions of working families are struggling in this economy are not able to realize their full potential. Working on a solution that unties the hands of millions to produce will bolster the economy – while potentially reducing the federal Budget Deficit . A stunning 73 percent of Hispanics believe that they will achieve the American Dream, according to a Poll by Latino Fox News. This strong belief in millions of entrepreneurs that work every day to provide a better life for themselves and their families can only be guaranteed with bipartisan agreement.
Daniel Garza, Executive Director of The LIBRE Initiative released the following statement:
“Today’s heavily regulated and heavily taxed business environment is not a time for timidity, but a time for bold leadership. Simplifying the tax code and promoting economic growth would be a great benefit to this hard-working community.
Elected leaders must stop the partisan bickering, heed the voices of those who sent them to Washington, and emerge with clear solutions to clearing the barriers to strong, sustainable economic growth. They can start by clearing a path for entrepreneurial activity, legislation to reform our tax code that would not only benefit new business owners but also the communities that surround them.”
For interviews with a LIBRE representative, please contact: Brian Faughnan, 703-678-4581 or Steven Cruz, 202-578-6173.