WASHINGTON, D.C. – U.S. Senator Joni Ernst (R-IA) today issued the following statement after the Trump administration released their tax reform proposal:
“With Tax Day having recently come and gone, Americans were reminded, yet again, of the untold amounts of time and money spent attempting to comply with our outdated, burdensome, and loophole-ridden tax code. Our tax code is a prime example of how government inefficiency and waste can negatively impact every day Iowans and their businesses. It’s long-overdue that we take a hard look and find ways to simplify it and ensure our country has a globally competitive system that promotes business growth and helps hardworking families.
“I am reviewing the proposal issued by the Trump administration, however I believe any plan concerning tax reform should be based on common sense and sound financial policy, with the goal of lessening the burden placed on Iowa’s families, individuals, and small businesses from high taxes and an unnecessarily cumbersome federal tax code.”