I am in favor of the Fair Tax, which would bring lower, simpler rates across the board. We can level the playing field for everyone to achieve the American Dream, and allowing hardworking taxpayers to take home more of their paychecks is a way to start.
While we work towards a fairer and simpler tax code, I will work to lower corporate and capital gains rates so American businesses can be confident and competitive again.
More on Tax Reform
Washington, D.C. – Congressman Ted S. Yoho (R-FL) voted in favor of H.R. 1 -the Tax Cuts and Jobs Act. The House bill to reform our nation’s outdated tax code passed by a vote of 227 to 205. Congressman Yoho released the following statement:
“Today’s vote takes us one step closer to meaningful tax reform that will benefit all Americans and our economy. I want to thank Ways and Means Committee Chairman Kevin Brady and the full committee staff for all their hard work and heavy lifting.
The United States tax code has over 70,000 pages and roughly 3 to 4 million words. It is complicated, filled with special-interest loopholes, makes our companies less competitive and costs Americans countless hours in productivity just to file their returns. House Republicans want to change all of that.
Washington, D.C. – Congressman Ted S. Yoho (R-FL) released the following statement on the recent GOP Tax reform proposal introduced by the Ways and Means Committee.
Death and taxes — you can't escape either and both are events we can do without. Whether you filed your income taxes early or waited till the last minute, tax day casts a dark shadow on your calendar. In a perfect world, the Internal Revenue Service would not exist and tax day would just be another day.
Washington, D.C. – Today, Congressman Ted S. Yoho (R-FL-03) voted in favor of permanently repealing the death tax. This bipartisan bill - H.R. 1105 – Death Tax Repeal Act – will help a wide range of Americans, especially family farms, ranches and small businesses. Repealing this unfair tax ends a busy legislative week that saw the passage of seven bills that will rein in and reform the IRS.
Congressman Yoho gave the following statement:
WASHINGTON, D.C. – Congressman Ted Yoho (R-FL-03) issued the following statement supporting House Republicans’ Fiscal Year 2015 budget resolution:
H.R. 3076, the James Madison Congressional Accountability Act, requires Members of Congress, all congressional staff, the President, Vice President, and political appointees enroll in the Affordable Care Act exchanges. It also limits any subsidies to those that would similarly be available to the general public.