Senator Enzi released the following statement today after the release of a uniformed tax reform framework by leaders in the U.S. Senate, U.S. House of Representatives and the Trump Administration.
“America’s tax system is a complicated mess that is slowing our economy and hurting American families, plain and simple. Congress has the opportunity to right the ship by passing real tax reform that will make our tax code simpler and fairer for all Americans.
“We can help jumpstart our economy by providing pro-growth tax relief that will put more money in the hands of working families across the country. This would mean more jobs. More jobs leads to competition to get workers and that drives up wages. We need to get our country’s economy back on track. Our economy has lots of potential, but it needs Washington to get out of the way in order to get it back up to speed. Tax relief helps grow the economy because Americans, not the federal government, know best how to spend their hard-earned money.
“The United States has one of the highest corporate tax rates in the world. But we can make America a more inviting place to invest, do business and create jobs by lowering our high tax for businesses here at home. If you care about jobs — your job — and if you care about American companies not moving overseas and competing overseas again, then you care about this. It doesn’t help folks in the U.S. when a company moves overseas. But lowering our punitively high, and uncompetitive, business tax rate would be one of the quickest ways to help create more jobs for hard-working Americans at home and increase their wages.“Hard working Americans deserve better. A system that works for everyone, that will promote higher wages, more jobs and business growth in our country and put more money in the pockets of each and every American so they can make their own decisions.”