A Nebraska Congressman is encouraged that House Speaker Paul Ryan has made tax reform a major issue for Congress.
Congressman Adrian Smith sees tax reform as a key to boosting a sluggish economic recovery.
“That is creating more opportunity rather than just kind of limping along,” Smith tells Nebraska reporters during a conference call. “It might be a fairly positive number, but we can do so much better with economic growth. I think the best thing we can do is to do that through tax reform.”
Smith is encouraged Speaker Ryan has made it a priority.
Ryan outlined his broad goals for tax reform during a speech earlier this week before the National Association of Manufacturers. Ryan is pushing for changes that eliminates brackets and flattens the federal income tax code, both for individuals and business.
Ryan also has indicated he wants the changes to be permanent, not temporary, to provide stability for families and businesses to plan ahead.
Smith favors permanence as well, but says obstacles stand in the way.
“I think obstacles to a permanent fix are just some of the gridlock in Washington,” Smith says.
Smith is a member of the Ways and Means Committee, which is the tax writing arm of the House of Representatives. Smith has long advocated tax reform as an economic stimulus.
AUDIO: Brent Martin reports [:45]