Crapo Commends Baucus And Hatch For Moving Forward On Tax Reform
Americaâ??s tax code is hindering growth and reform must occur
Washington, D.C. - Idaho Senator Mike Crapo, a senior member of the U.S. Senate Finance Committee, who served on the bipartisan "Bowles-Simpson Commission", expressed optimism that the tax-oversight committee has announced the next stage for the tax reform process.
"I commend the work of Senators Max Baucus (D-Montana) and Orrin Hatch (R-Utah) on getting us to this point," said Crapo. "For years, many of my colleagues and I have worked to enact comprehensive tax reform to simplify our overly-complex, anti-competitive code and reduce all tax rates. I have long advocated for a rigorous examination of the provisions in the code to make sure each one is appropriate and defensible. The clean-slate approach permits the committee to evaluate each part on its own merits. This is the direction the Fiscal Commission recommended in the Zero Option proposal. While there may be many disagreements along the way, I look forward to continuing discussions with colleagues and the American people over the coming months on this important topic."