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Camp, Baucus Take Tax Reform Debate On The Road

by Mike Godfrey,, Washington

11 July 2013

As the first stage in a series of joint meetings during the summer across the United States to carry forward the debate on tax reform, Senate Finance Committee Chairman Max Baucus (D – Montana) and House of Representatives Ways and Means Committee Chairman Dave Camp (R – Michigan) have had meetings with workers and executives at two St. Paul, Minnesota, businesses.

"The U.S. tax code has not been updated in close to 30 years. In that time, it has become increasingly complicated. Our tax code today contains nearly 4m words and is riddled with loopholes that are acting as a brake on our economy. We have an opportunity to change all that," Baucus and Camp said. "Tax reform can make the code simpler and fairer for America’s families and businesses."

Starting a nationwide outreach effort – the "Simpler Taxes for America Tour" – on July 8 the two men visited the 3M Company, a US multinational corporation with more than 85,000 employees worldwide, and Baldinger Bakery, a fourth generation, family-run, local business with 85 employees.

During listening sessions, the Chairmen of Congress's two tax-writing committees heard first-hand "how the US tax code impacts growth, innovation and productivity, (and) focused specifically on ways to improve the tax code to create new jobs and boost wages."

Camp and Baucus plan to visit communities across the nation throughout the summer to hear directly from the American people about the need to improve their experience with the tax system. "We are engaging the American public in a national conversation on how to fix the tax code," they added. "We want to hear how we can improve their experience with America's tax system."

The two men have already disclosed their joint endeavour to explore non-partisan comprehensive tax reform. Over the past two years, they have held more than 50 Congressional hearings on how the US tax code can be fixed, and, in May this year, teamed up to launch, a new website dedicated to obtaining input from the American public.

TAGS: Finance | tax | business | employees | United States | tax reform

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