We continue to see a bloated federal government increase in size and take more of your money, this cycle cannot continue. Your money should remain just that, your money. The more that government takes the less you have for your needs. With gasoline almost $4 a gallon and heating oil expected to double from last winter, we cannot afford for Washington to take more of your hard earned money. As your Congressman you can count on me to work hard to lower bloated Washington spending and keep more of your money in your pocket.
- Eliminate the death tax – Families should be allowed to keep their property and not be subject to exorbitant taxes that force them to sell. People work hard for their properties and should be allowed to hand them down without an undue burden.
- Make the 2001 and 2003 tax cuts permanent – If the tax cuts are allowed to expire it will be the single largest tax increase in American history. We cannot allow that to happen. The lowest tax bracket will be put back on the tax rolls and our small businesses will see a marked increase in their burden. To spur economic development we must decrease taxes not be regressive in our tax system.
- Simplify the tax code – The process of enforcing our current tax code places a huge and unnecessary burden on our system. The IRS is bloated and a flat tax would simplify the process and lower the burden on all tax payers. We must improve our tax system if we are to truly ease the weight that the common taxpayer feels.
Thompson Plan to Lower Your Tax Burden