Rep. O’Halleran Statement on Tax Reform Proposal
WASHINGTON, DC – Today, Congressman Tom O’Halleran urged Congressional leaders to work together on a bipartisan tax reform plan that lowers the tax burden on middle-class families and incentivizes American businesses to create good-paying American jobs.
“As we begin to tackle tax reform, I am committed to pushing for policies that grow our economy and bring relief to hardworking, middle-class families. We must work to promote a transparent process that includes the American people so they understand how this legislation will impact them. Unfortunately, the legislation introduced today has largely been drafted behind closed doors with Washington insiders and special interests.
“While I am pleased with aspects of this proposal that would bring much-needed relief to families, I am concerned that many critical deductions, on which millions of Americans rely, could be eliminated. Additionally, I worry that our corporate tax policy will not do enough to encourage businesses to bring back American jobs or create new jobs in our communities.
“I am ready to sit down with my colleagues on both sides of the aisle to work on a bipartisan, comprehensive tax reform package, and I encourage Congressional leaders to join us.”