RSC Republican Study Committee

The Republican Study Committee introduced the Taxpayer Choice Act, a comprehensive, individual income tax reform initiative with two principal goals: 

1) eliminating massive future tax increases by repealing the Alternative Minimum Tax; and

2) providing individuals a choice for an alternative tax system that is transparent, simple and efficient.

Unlike any other AMT reforms to date, the RSC plan will not increase taxes for ANY American.  It also retains a fair and equitable distribution of federal tax burdens.  In fact, if all taxpayers chose to pay taxes under the Taxpayer Choice Act, the distribution of tax burdens among income groups would remain extremely close to what it is today.  Above all, this plan offers a choice: taxpayers can choose the new system or stay with the current tax code.  They have the freedom to select the option that best suits their particular circumstances.

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