Out With the Old, In With the NewBrady Remarks at Leadership Press Briefing: Tax Day and IRS Reform
WASHINGTON, D.C. - Today is Tax Day. Today is the last time you, your family, and your business will have to file taxes under the 32-year-old complicated tax code. Starting next year, you will be able to file under the Tax Cuts and Jobs Act, which means more money in your pocket – all without the frustration and confusion of our current tax code. House Ways and Means Committee Chairman Kevin Brady (R-TX) joined House Republican Leadership at a weekly press briefing to discuss Tax Day and the need for a new IRS.
Excerpts from Brady Remarks: “Tax Day is the worst day of the year for most Americans. Tax week is the worst week – everyone in my house is in a bad mood during tax week. And for good reason – the tax code we’ve got today. It is complicated, it’s unfair, it’s just wrong. And the good news is today is the last time Americans will have to file their taxes under that old, broken, complicated tax code. “Going forward, Americans are going to be able to keep more of what they earn – especially for those two-parent households, for that single mom fighting for the future of her daughter, for that mom-and-pop spending countless hours working through the weekends, risking everything to make their small business a success – they all win under this new tax code. And clearly America’s back – America’s back in a big way. We’re no longer chasing the world. Now, the world is chasing us and we’re seeing those hundreds of billions of dollars come back from overseas to be invested here in America – in our communities, in our economies, in our jobs, and in our retirement system. “And starting next year, nearly 9 out of 10 Americans will be able to file their taxes using a simple postcard-style system – so they have more time to spend with their family and less time trying to collect their receipts and keep all of the complicated forms that are required to address the old tax code that we’re filing under today. “Final point: Congress this week, the House this week, will undertake the first major reform of the IRS in more than two decades. A new tax code really demands a new tax collector – and, Republicans and Democrats together, are launching reforms that create a ‘Taxpayer First’ IRS. “Our goal is to redesign, refocus, and rein in the IRS. Redesign the IRS by insisting they bring back to Congress a comprehensive restructuring of the organization to focus on customer service. Making sure there’s truly an independent appeals process that puts taxpayers on the same level as the IRS so disputes can be handled more affordably, more fairly, and more quickly. And insisting that the IRS do far more to modernize to protect personal taxpayer information – something that frankly, today, they fail at in a major way." CLICK HERE to watch leadership press conference.
So while you are trudging through this year's tax filing season with the old tax code, have hope that things are looking up for next year. Have hope because we finally have a tax code that puts your family first and lays the foundation for a new era of American prosperity. PERMALINK |
