Live Breaking News & Updates on America Laura Jake

Good afternoon. This is a historic day. This is the day that is a long time in coming. In fact, it was on this day under this dome in 1986 that Congress Took the final vote on the last overhaul of our tax code. That long. After that vote, president reagan said americans would finally have a tax code that they can be proud of. It was true then, but things look very, very different today, dont they . Instead of a source of pride, our tax code has become a constant source of frustration. Its too big. Its too complicated. Its too expensive. Today, we are taking the next step to liberate americans from our broken tax code. This unified framework delivers a new tax code that is simple, that is fair, that is progrowth and profamily. Cutting taxes on hard working americans so that you can keep more of your own hard earned paycheck. Simplifying the tax code so that you can file your taxes on a form the size of a postcard. Reforming our tax ....

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