Washington D.C. – House Majority Whip Kevin McCarthy (CA-23) released the following statement regarding Tax Day:
“On April 15, the greatest relief for the American people is that the next tax day is a year away. Each year, Americans collectively spend billions of dollars and billions of hours complying with the nearly 80,000 page tax code. Small businesses bear a particularly heavy burden, with each small business owner spending an average of 40 hours each year—a full work week—complying with the tax code and half of small business owners spending more than $5,000 on an accountant. Time better spent with family and money better spent improving one’s quality of life or hiring new employees are instead sacrificed to a wasteful government.
“While complexity and unnecessary costs burden the majority of Americans, many others have been the subject of targeting and intimidation based on their political beliefs. The IRS has scrutinized and audited conservative organizations and individuals resulting in two House Committees voting to hold former IRS official Lois Lerner in contempt of Congress and to refer her to the Department of Justice for criminal prosecution.
“As the economy crawls forward, taxes remain high, regulations complex, and the IRS unrepentant. Democrats have stubbornly refused to reduce tax rates, instead relying on $1.5 trillion in increased tax revenue to fund more of their pet projects with money taken from the pockets of the American people. Though this tax day is hours from being over, the next will soon come again. Instead of ignoring the problems that face Americans, Republicans will continue to push the IRS to answer for its actions and to fight for a simplified tax code that reduces both tax rates and deductions, saving the American people time and money.”