Opportunities for Tax Reform: Remarks From House Committee on Ways and Means Chairman Kevin Brady (R-TX)
On Tuesday, AEI welcomed House Committee on Ways and Means Chairman Kevin Brady (R-TX). He gave brief remarks on the Tax Cuts and Jobs Act, which he has sponsored. Chairman Brady believes that tax reform presents opportunities for enhancing free enterprise, increasing individual liberty, and expanding economic freedom. He argued in favor of a revised tax code that supports free enterprise and that rewards hard work by directing investment to areas that promote opportunity.
Following his remarks, Chairman Brady joined AEI’s Alex Brill for a discussion on the potential opportunities and impacts of tax reform. Mr. Brill asked Chairman Brady about the features of the Tax Cuts and Jobs Act and the ways in which the act would affect different individuals. Mr. Brill discussed the significance of the corporate tax rate cut and the change in standard deduction that tax reform would bring. Chairman Brady concluded by emphasizing the importance of moving to a simpler tax system.