Congressman Adrian Smith asserts the tax code is broken.
He’s listening to Nebraskans to hear on best to fix it.
Smith will host two Tax Reform Roundtables next week to hear what constituents want from tax reform. He’s heard from more than a few already.
“We have folks coming and saying they would give up a tax preference in the code in exchange for less complexity,” Smith tells Nebraska Radio Network.
Smith is a member of the House Ways and Means Committee, which writes tax policy. Smith, a Republican, says both political parties have come to realize the federal tax code is too complex and that complexity is weighing on the economy. He says the current code makes America less competitive in the global economy.
Smith favors a two-pronged approach to tax reform.
“Lower rate and fewer complex measures,” Smith answers when asked what he would like to see from reform. “That’s easier said than done right now. It will be a heavy lift.”
Smith will discuss the current tax code and listen to constituent concerns and ideas during the two roundtables, one scheduled for Tuesday at the Cheyenne County Community Center and the other Thursday at Wayne State College.
Details about the Tax Reform Roundtables are as follows. All stops are open to the public.
Tuesday, August 21
Cheyenne County Community Center
627 Toledo Street
9:00 – 11:00 AM MT
Thursday, August 23
Wayne State College
Student Center – Frey Conference Suite
1111 Main Street
9:00 – 11:00 AM CT
AUDIO: Brent Martin reports [:45]