Friday, July 29, 2016

A radical reform to kickstart the economy

The economy grew by just 1.2 percent in the second quarter, the Commerce Department announced today, while first quarter growth was revised downward to 0.8 percent.

With our unrivalled workforce and abiding entrepreneurial spirit, America can do so much better than this. And the starting point for sparking economic growth is no secret – we need to radically reform our convoluted and unfair tax system that makes it so hard to start up a business, run a small business, and expand virtually any business. We also need to lower tax rates on working people so they can keep more of the money they earn and spend it however they wish.

The House Republican tax blueprint will make these drastic changes to finally kickstart an economic recovery. Bloomberg this week published an article on the blueprint and its inclusion of ideas that I've been developing for years. Please read the article here and email me at this link if you have suggestions for refining our tax reform plans.