Congressman Devin Nunes (CA-22) issued the following statement today after House Republicans released their tax reform blueprint:
“This is a really bold and aggressive plan that would essentially junk the current tax code and scrap the IRS as we know it. Measures like full expensing for business investment and the move toward a territorial tax system are exactly what the U.S. needs to create jobs, encourage start-up businesses, end the exodus of U.S. companies abroad, and regain our competitive edge. These reforms would revolutionize the tax code so that it would help propel the economy forward instead of hindering it at every turn. Over the coming months, I look forward to hearing feedback from a wide array of families, workers, entrepreneurs, and small business owners, so we can refine this plan and begin the process of turning it into law.”
For more information on the blueprint, click on the tax reform icon here.