WASHINGTON D.C. — Sens. Mike Lee, R-Utah, and Marco Rubio, R-Fla., unveiled their Economic Growth and Family Fairness Tax Reform Plan Wednesday. In an effort to fix a broken tax code system, Lee and Rubio outlined their plan to eliminate bias in the tax code against parents and families, encourage economic growth to create more jobs and better wages, and enhance the ability of businesses to compete globally.
(report continues below)
Videocast courtesy of the Office of Sen. Mike Lee
Here is an excerpt of Lee’s remarks:
The greatest driver of American prosperity is equal access to and equal opportunity within our free enterprise economy. That’s what spurs innovation, creates jobs, and drives up the take-home pay of working Americans.
Today, in an ever more competitive global economy, the greatest impediments to economic opportunity and growth are unfair, dysfunctional government policies that have not kept up with changing times. These policies empower political insiders and crony capitalist elites at everyone else’s expense.
One place where these policies are especially prevalent is the federal tax code. And so, along with Sen. Marco Rubio, I am introducing a pro-growth, pro-family tax reform plan to correct these unfair, broken policies to level the playing field for all individuals, families, and businesses.
- More information about the Economic Growth and Family Fairness Tax Reform plan can be found here.
- Hatch headlines Lincoln Lab’s Reboot Congress discussion
- Consensus figures show strong economy has Utah in position to invest
- Summit predicts continued, steady economic growth for Washington County; STGnews Videocast
Submitted by the Office of Sen. Mike Lee.