Amid the endless gridlock and internal bickering in Washington, the Republican Congress has a real opportunity to do some good for the American people. TaxesAmericans want lower taxes, and a simpler way to pay them. What we do not want is higher taxes, especially on goods we buy each and every day.
Republican leadership, Speaker Paul Ryan and House Ways and Means Chairman Kevin Brady, are proposing what they call a “Border Adjustment Tax,” or as I call it, the “American Middle Class Consumer Tax.”
This new tax would hit small businesses and consumers the hardest, raising the price on everything from food and clothing, to gasoline and motor vehicles, all for the benefit of large corporations who already exploit the complicated tax system and pay effectively no taxes at all. Imagine tacking on an extra 35 cents a gallon on your next fill-up for gas. Imagine the price of food, already rising rapidly, shooting up 10% or more in just a couple weeks. When Congress introduces new taxes, you had better bet it’s us, the American middle class, the small business owners, and young families struggling to make ends meet who will pay the price.
Instead of picking winners and losers, Congress should focus on lowering rates for everyone, eliminating corporate loopholes, and simplifying the tax code for both families and businesses. The American people need a consistent, stable economy where they can thrive by buying the goods they need, while saving money for a rainy day. The “Border Adjustment Tax” is just another tax on middle and low income families with a fancy name.
Republicans from Texas should be leading the fight for tax reform and opposing the new “American Middle Class Consumer Tax.” I hope to see my Congressman Will Hurd of San Antonio standing up for us in Washington by putting our community first, not big corporations. This is exactly what the American people elected President Trump and a Republican Congress to do last November, and there will be consequences should they fail.