Republicans Finally Stand Up to Obama, Put Forth a Tax Reform Bill

Republicans Finally Stand Up to Obama, Put Forth a Tax Reform Bill

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House Republicans introduced a new bill Friday aimed at simplifying the tax code, while Democrats staged a phony sit-in on the floor.

Though, why even bother?

Even if the bill got through the House it would probably fail with all the RINOs in the Senate, but even if it passed in the Senate Obama would veto once it got to his desk.

What a mess.

From Conservative Tribune:

On Friday, House Republicans introduced a tax reform plan that would simplify the tax code in such a way that it would fit on a postcard.

“For years, hard working American taxpayers have asked Washington for a tax code so simple and fair and understandable that it could fit on a postcard,” said Rep. Kevin Brady, chairman of the House Ways and Means Committee. “That is exactly what we propose.”

The plan includes other reforms, such as repealing the death tax, cutting taxes on small businesses to 25 percent and cutting taxes on saving and investment, according to the Washington Free Beacon.

Brady also said that with the new bill would end penalties in the current tax code that often force American companies to move their “jobs, technologies, and headquarters overseas.”

“No longer will we be the only major country that still taxes its own exports. No longer will American products lose out to foreign competitors, simply because they’re proudly stamped ‘Made in America,’” the Texas Republican added.

Additionally, the proposal would stop overtaxing American-made goods and would provide a tax-free return on business investments.

Sounds like a good enough plan, but if you wonder why I’m skeptical you can see the writing above.

You never know, I guess.

Maybe Republicans can get something done before Obama leaves office, he said knowing he was just kidding himself.

Source: youngcons.com

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