Other than at the IRS, no job is ever created by raising taxes. The current patchwork of temporary policies for individuals, sectors, and areas of business creates uncertainty for Americans and stifles investment by our entrepreneurs and business owners. We need more efficient and effective programs that invest in a better future, not higher taxes. Let’s spend what we tax more wisely.
The generations that follow us deserve a solid footing—not a country drowning in debt because of expansions of entitlement programs and mandates. The fact is, we cannot prosper if government continues to overspend. My mission is to stop wasteful government spending, bring measures that help create well-paying jobs and shrink our debt so we can build a healthy economy and secure the economic future of America’s children.
More on Tax Reform
WASHINGTON, DC – This week celebrates National Small Business week across the nation. On Monday, Congressman David Schweikert joined the Arizona Small Business Development Center (AZSBDC) staff at GateWay Community College in Phoenix to meet with Arizona small business owners. After the visit, Congressman Schweikert released the following statement:
WASHINGTON, DC – Today, Congressman David Schweikert released the following statement succeeding the release of regulations for opportunity zones in support of tribal lands.
WASHINGTON, DC – Today, Congressman David Schweikert released the following statement after his appointment to serve on the Ways and Means Tax and Trade Subcommittees in the 116th Congress.
“I am pleased to have obtained a seat on the Tax and Trade Subcommittees to represent Arizona, as trade is particularly important for our state. I look forward to working on both of these subcommittees to ensure we continue to create prosperity for America’s economy.” Congressman David Schweikert
Rep. David Schweikert (R-Ariz.) got a slot on the Ways and Means Tax Policy Subcommittee today.
Yesterday evening I discussed the math behind tax reform and why Americans should expect a significant increase in economic growth. According to projections done by the Congressional Budget Office (CBO) labor force participation is increasing and with the passage of our historic tax reform legislation it will surpass projections. Groups with historically higher unemployment rates across the board are seeing higher employment rates bolstering the economy.
We actually have a birth rate crisis in the United States. We're not having enough children and programs like social security and medicare are pay as you go programs. So, in about 18-20 years we don't have enough young workers moving into the workforce. She was able to take that little statistic in our conversations, turn it around and say "heres another reason we should make a family friendly tax code."
I believe the tax bill, the tax reform, is fair to individuals. It is simpler. It is going to also deal with the hemorrhaging we have of corporations, and these are big corporations, leaving our country, hiding their profits overseas and moving their expenses to the US...This is not a win for Republicans - it is a win for society.