WASHINGTON D.C. – Today, the U.S. House of Representatives will vote on a series of bills affecting the current Internal Revenue Code (IRC), including H.R. 1058, The Taxpayer Bill of Rights. Congressman Hice released the following statement in regards to the current tax code:
“Today is Tax Day, the day that Americans are forced to comply with antiquated, cumbersome, and burdensome system. This system forces the American taxpayer to spend more than $1 billion and 6 billion hours just to comply with the current tax code. Imagine how much more time we could spend with our friends and loved ones, if we weren’t investing our human capitol in a system that only perpetuates the problem.
At the current rate the IRC averages one new change per day. Simply put, it is long past time that we simplify our tax code. As an original co-sponsor of the H.R. 25, the Fair Tax Act of 2015, I am committed to furthering legislation that will streamline our tax code and let American’s get back to living their lives, rather than fearing Tax Day.”