Democrats’ Tax Reform Plan

Our economy is doing well. André Carson The latest jobs report shows we added 275,000 jobs in February — another sign of economic strength. In the last 4 years, we’ve created 14 million new jobs. Unemployment is at some of the lowest rates in 50 years. Indiana is experiencing its share of that growth, with $23 billion so far in commitments to reinvest in manufacturing. & Progress takes time, but we are on the right track towards an economy that works for everyone. & We’ve seen success because we’re reinvesting in what makes our country what it is – the middle class. And we’re making our system more equitable for everyone by making the ultra-wealthy pay their fair share. It’s almost tax day, and there’s no better time to advocate for a fairer tax code. If you have to pay your taxes, so should the ultra-wealthy. In President Biden’s State of the Union on March 7th, he pointed out the average federal tax rate for billionaires is 8.2 percent – far less than what most Americans pay. Making the ultra-wealthy pay their fair share is exactly that – fair. For years, the top 1% of Americans have gamed the system...