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Pragmatist Party

Economy & Fiscal Policy

Tax Reform

A tax system that raises adequate revenue, promotes growth, and distributes burdens fairly.

The Problem

The tax code and its regulations run to tens of thousands of pages — a monument to complexity, special interests, and perverse incentives. It costs Americans billions in compliance. Effective tax rates vary wildly based on the type of income and the quality of your accountant. The system neither raises enough revenue to fund current commitments nor promotes efficient economic activity.

Our Position · Stated · Status: Forming

Where we stand

Broaden the base, lower the rates, tax capital gains as ordinary income

Read the full position