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Washington, D.C. – U.S. Senator Marco Rubio (R-FL) issued the following statement today regarding Tax Day:
“Tax Day is a sobering reminder of how America’s complicated and inefficient tax code stifles job creation and hurts economic prosperity. Under President Obama’s policies, Americans are paying higher taxes, as the President has already added $1.7 trillion in tax increases. But President Obama’s obsession with raising taxes has not slowed, as his budget proposal includes another $1.1 trillion in taxes that would fall on the backs of small business owners and middle class Americans. We cannot tax our way out of high unemployment, as higher taxes will kill jobs and cause more hardship for working class Americans.
“We must keep fighting for comprehensive tax reform. The sheer complexity of our tax code places a heavier burden on small businesses that cannot afford an army of lawyers and accountants to navigate its loopholes and exemptions. The current tax code reflects too much special interest lobbying, not good public policy. If business owners were able to use the money they spend on accountants and lawyers on investing in new machinery, a new office space or training for workers, there would be more jobs. If we could simplify the tax code, the positive job creation effects would be felt from the unemployed new college graduate to Americans who have been out of work for too long.
“We should use Tax Day as an opportunity to re-commit ourselves to fundamental tax code reforms to bring out the best in our talented, risk-taking, entrepreneurial people.”