Taxes

The U.S. House of Representatives – the People’s House – took action last week on the most transformational tax overhaul in a generation. This legislation brings us one step closer to delivering bold, pro-growth, pro-family...

Last Thursday, the Senate Finance Committee introduced our proposal that would enable more Americans to keep more of their hard-earned paychecks and send less of their money to Uncle Sam here in Washington, D.C.

The Republican tax proposal is now public and while the overall plan will prove beneficial to the economy many challenges remain. The individual tax rates will lower middle class taxes by doubling standard deductions and...

America’s complicated and broken tax code is hurting our economy and, in turn, American families. That’s why I’ve long said we need a simpler tax code that rewards hard work.

U.S. Senators Bill Cassidy (R-LA) and I, members of the Senate Finance Committee, authored the following op-ed in Forbes addressing how revamping our tax system would impact the energy sector:

Recently on the Senate floor, I discussed the importance of passing the FY2018 Budget Resolution, which is necessary to enacting tax reform. Excerpts of my remarks are below, and video of my remarks can be found here. 

Last night I debated Sen. Bernie Sanders (I-Vt.) in a CNN Town Hall regarding tax reform. During the debate, I called for eliminating the estate tax, also known as death tax, as a part of tax reform.

FAIR’s report reaches that conclusion by vastly overstating the costs of illegal immigration, undercounting the tax revenue they generate, inflating the number of illegal immigrants, counting millions of U.S. citizens as...

Responding to President Trump’s cancellation of the Deferred Action for Childhood Arrivals (DACA) program, Congress is moving toward a compromise that could legalize the DREAMers in combination with more immigration...