[Congressional Record Volume 146, Number 46 (Wednesday, April 12, 2000)]
[House]
[Page H2128]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A SIMPLER, FAIRER AND FLATTER TAX CODE
(Mr. CHABOT asked and was given permission to address the House for 1
minute.)
Mr. CHABOT. Mr. Speaker, our current tax code is unfair. It taxes
savings. It taxes marriage. It even taxes death. It is virtually
incomprehensible, even to tax lawyers and to accountants. In fact it is
even four times the length of the Bible. This week we have an
opportunity to take a major step towards reforming our tax system. The
House will consider H.R. 1041, legislation to sunset the Tax Code.
This legislation will encourage Congress to create a simpler and
fairer and more reasonable tax system for Americans. It gives us a
deadline to do it. Once this bill becomes law, the current Tax Code
would sunset on December 31, 2004, and Congress must then implement a
new Tax Code or reauthorize the current one we have by July 4, 2005.
Our tax laws are complicated, unfair, and unreasonable. Let us work
together to sunset our abominable Tax Code and replace it with
something simpler and fairer and flatter.
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