Latinos have waited too long to get the tax relief they need.
I urge you to seize the opportunity to deliver much needed comprehensive tax reform to the American people.
Tax reform should follow five basic principles to ensure that reforms unleash economic growth and opportunity for U.S. Hispanics and all Americans. First, policymakers must simplify the code by lowering rates. Second, reforms should improve efficiency by establishing a broad-based, low-rate tax system. Third, taxes should also be equitable, eliminating harmful corporate welfare and special interest handouts. Fourth, policymakers should make taxes more predictable. Finally, comprehensive tax reform should not include any new burdens on the American people.
The Hispanic community and all Americans stand to benefit from reforms that get rid of loopholes that help the most powerful at the top of the pyramid. If you work together with your colleagues, to enact these changes, our economy will be stronger and our community more prosperous.
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