Roskam calls for job-creating tax-code overhaul

A simpler tax-code, Rep. Peter Roskam (R-IL) argues, will create more jobs. The House Chief Deputy Whip lays down his argument in The Hill:

Let's make a bet. Imagine I gave you the task of coming up with a rational tax system. Starting with a blank sheet of paper, I bet that you would create a system nothing like our current one.

In fact, you'd be foolish to take that bet, because there is such broad agreement on the need for fundamental tax reform. A recent Rasmussen Poll showed that only 9 percent of Americans think the U.S. has the best tax system in the world. There is good reason for that harsh reality.

We need a comprehensive fundamental tax reform overhaul — one that produces a system that raises the necessary revenue for the government to run as efficiently as possible, while removing barriers to private-sector job creation. More specifically, we need a revenue code that is fairer, simpler and no longer hinders our economic competitiveness — all of which cost jobs.

A fairer and simpler tax code would reduce costs for American citizens and job creators. Right now, the tax code often forces employers to make investment decisions based on the tax code, not by what is best for their business. The tax code should not be used to favor one widget over another, or one sector over another.

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