Text Only Version - Privacy Policy & P3P

_
 
 
 

Ron offers simpler income tax reform proposal
featuring one-page 1040 form

 

April 2006

 

 

 

 

 

Left: Ron discussed his tax reform proposal in Portland on April 17 -- tax day.

 

 

 

Portland, OR Standing in front of shelves full of various tax forms available to the public at the Edith Green-Wendell Wyatt federal building, Ron outlined his income tax reform and simplification proposal, which features a one-page 1040 form. Ron has introduced the Fair Flat Tax Act (S. 1927), which calls for creating a simplified tax code to benefit middle-income Americans, collapsing the current six individual tax brackets into three, eliminating the Alternative Minimum Tax, and treating income earned from wages and wealth equally.

Ron is a member of the U.S. Senate Committee on Finance, which has primary jurisdiction over tax law.