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Gearing up for tax reform

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September 21, 2017 | Ian Martorana (202-225-3031) | comments
Earlier this week, Paul toured the Harley-Davidson factory in Menomonee Falls to talk about something at the top of Congress’ to-do list: Tax reform.

A tax code that’s simpler, fairer, and more competitive and would allow most individuals to fill out their taxes on a postcard. A tax code that will let Wisconsinites keep more of their own money and bolster businesses small and large alike. Those are the kind of bold reforms Paul advocated for around the country, and, this week, at Harley-Davidson here in Wisconsin. Here are some of the highlights from his visit on Monday:

Fox 6: Ryan toured the factory in Menomonee Falls on Monday, held a round table discussion with company leaders and then took questions from reporters. He focused on issues impacting manufacturing, including tax reform and free trade. . . . Ryan has been out front making the pitch to modernize the tax code for the first time since 1986.

Milwaukee Journal Sentinel: Ryan toured the facility and met with company executives and union leaders. "We are taxing American manufacturers, American businesses and American jobs at a much, much, much higher tax rate than what our foreign competitors are taxing theirs, and as a result American businesses and American jobs are being put at a big competitive disadvantage," Ryan said. "Tax reform can fix that. Tax reform can stop punishing companies for making things in America and selling them overseas."

Washington Examiner: Additionally, Ryan said taxes would be simplified and stated dramatic simplification was possible. "We want to simplify the system for Americans, for families, for workers. We want to simplify the system so much that 96 percent of American workers can fill their taxes on a postcard," he said.

AP: Republicans are determined to overhaul the nation’s tax code after more than three decades, delivering on a top legislative priority for President Donald Trump. Ryan has been out front making the pitch to modernize the tax code for the first time since 1986. He said Monday that Republican leaders plan to present an outline of GOP plans for tax reform next week.

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Tags: Taxes