Taking on tax reform

Eyeglasses with newspaper and coffee cup

Regardless of the outcome of the midterm elections, Republicans in Congress will face a stark choice when it comes to their future legislative agenda. Will they continue to cave to President Obama’s liberal agenda or will they fight to preserve liberty and advance conservative principles?

One thing the GOP can do to flex its conservative muscle, is take up tax reform. Recent reports indicate [1] Republicans on the Hill are taking a look at the issue to see if it fits within their political strategy. Well, we’re here to make it clear: tax reform should be a top priority in Congress.

Lower taxes is a basic tenet of the conservative philosophy; hard-working Americans should have to right to keep more of their money and not cede an ever-growing portion of it to the government each year. Moreover, U.S. businesses face the highest corporate tax rate in the world. It’s time for Congress to do something about that, too, if we’re going to keep the U.S. competitive.

Tax reform should also include a debate over repealing the 16th Amendment, which gives the federal government the power to levy an income tax. Since the amendment’s adoption, however, the federal tax code has ballooned into an incomprehensible maze of loopholes and red tape. It’s central to America’s monstrous tax code, which means it should be central in any debate on overall tax reform.

The government agency that collects taxes – the Internal Revenue Service – is also obviously in need of dire reforms. In the last year, all Americans have seen firsthand just how out of control the IRS has gotten. But even then, when the IRS is caught red-handed politicizing its role, no real reform is mentioned in Washington.

Tax reform is important. It’s something all conservatives can unite around, and lawmakers can rest assured knowing we won’t stop reminding them about lower taxes until the job is done.