When you add together the burden of compliance on small businesses and families, the fact that the United States has the highest corporate tax rate in the world, and has one of the highest tax rates on long-term investment, the imperative of tax reform is clear:  it is no longer an aspiration—it is a necessity for our successful economic policy.

Numerous tax reform proposals, including the consumption-based fair tax and variety of flat tax proposals, have been circulating around the Capitol, and the House Ways and Means Committee, under Chairman Paul Ryan, is working to create a simpler and fairer system that creates jobs and opportunities in our economy. 

With the recent overwhelming bipartisan success in repealing Medicare’s flawed sustainable growth rate to reform and preserve Medicare, there is great optimism that we can work together to overhaul our broken tax code.