While the debate in Washington continues over the possible extension of the Bush tax cuts, the congressman who represents Door and Kewaunee counties is more concerned with simplifying the current tax code.
Rep. Reid Ribble, R-Sherwood, tells DoorCountyDailyNews.com small business owners and job creators primarily need two things from the tax code: certainty and simplicity. He says neither is contained in the current tax policy.
"Instead of making our tax system fairer for all Americans, by closing loopholes, lowering the rates and broadening the base,Congress and the President continue to add more complexity and uncertainty," says Ribble.
Ribble says he believes the current Obama tax rates should remain in place until Congress and the President "have a serious and thoughtful debate about fixing our broken tax code.”
The tax cuts signed into law by President George W. Bush are set to expire at the end of December.
President Barack Obama is calling on Congress to renew the reductions for a year, but only for low- and middle-income Americans, not for individuals with taxable incomes above $200,000 or couples with incomes above $250,000.
Making a decision on the Bush-era tax cuts is the topic of the current opinion poll on DoorCountyDailyNews.com.
