Q: What other principles are you promoting during debate on tax reform?
A: Tax reform should reward hard work and encourage savings and investment. For example, a pro-growth approach would eliminate double taxation; bring more certainty to investors and risk takers by making temporary tax incentives permanent; and make the U.S. tax structure more competitive internationally. The federal tax code should not serve as a barrier that keeps businesses from staying, relocating or expanding their business here in America. I shared these points of view with the leaders of the Finance Committee in response to their request for senators’ priorities for tax reform. If Congress seizes this opportunity to wipe the slate clean and overhaul the U.S. tax system, I will continue to advocate for fairness, simplicity, and comprehensive reforms, including both corporate and individual taxes.