WASHINGTON – Congressman Steve King released the following statement in recognition of “Tax Day,” the official IRS tax filing deadline of 2014:
“Our federal tax system is broken beyond repair,” said King. “Americans are hit too hard by taxes and our current economic crisis cannot and will not be solved with further tax increases and more government spending. I spent 28 years running my own construction business, and I told myself that if I was ever in a position to help abolish the IRS, I would do everything I could to make that happen. Enacting the FairTax is the best way to do that.
The FairTax eliminates the IRS – and every other current form of taxation as well. It replaces the entire revenue stream with a consumption tax, which would lift the burden of taxation off American productivity and put the power to control how much Americans are taxed in their own hands. It is the best and most effective way to encourage business growth and positive, long-term economic performance by creating new jobs across the country and giving American citizens more control over their own paychecks.
Instead of April 15 being a looming deadline for all Americans, let’s make it ‘just another day’ under the FairTax.”
