Indiana Sen. Young Submits Op-Ed on Senate Tax Bill to Indianapolis Star
In an op-ed for the
"Our guiding principle for tax reform was simple: allow hardworking Hoosiers to keep and control more of their money. The goal throughout this process has been to ensure middle-class families and those of modest means see real tax relief,"
Senate Tax Bill Benefits Hoosiers
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"The world has changed a lot in the last three decades, but our outdated tax code remains the same. This week, the
"Over the last seven years, I have traveled the state talking to Hoosiers and soliciting their ideas on what
"Our guiding principle for tax reform was simple: allow hardworking Hoosiers to keep and control more of their money. The goal throughout this process has been to ensure middle-class families and those of modest means see real tax relief. Many American workers have not seen a pay raise in a decade. And over fifty percent of American families are living paycheck to paycheck. This is the pay raise Hoosiers have been waiting for.
"We needed to fix our broken tax structure for people like Nathan from
"Tax reform will help our small and medium-sized businesses grow, too.
"Debbie from
"American-based businesses see some of the highest tax rates of any in the industrialized world. This limits innovation and job growth and causes wages to remain stagnant. We must create an environment that fosters the creation of good-paying jobs and keeps our businesses competitive in an increasingly global economy.
"Since our last reform thirty years ago, the code has become littered with special interest tax breaks and loopholes that have created a complex and unfair tax regime. 'Our tax system has become so complicated, the average person needs to hire someone with expertise to help. If most of us didn't have to hire help, right there we'd be saving money,' says Susan from
"In fact, according to the
"By passing the
"Repealing the Obamacare tax, doubling the standard deduction, doubling the Child Tax Credit, and lowering rates for middle-income Americans makes hard-working Hoosiers big winners in this bill.
"The world has changed at an extraordinary pace in the past thirty years. Americans have changed the way we travel, how we communicate, and how we work, but our tax code has not kept up. The
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