His historic and decisive victory over Democratic presidential hopeful Hillary Clinton all-but gave President Trump a mandate to rewind all of the failed foreign and domestic policies from the past, including an overhaul of the tax system.
Tax reform could be the one issue that solidifies a second term in office for President Trump, who promised to lower taxes for all Americans and U.S. corporations while on the campaign trail.
During a recent interview with the Shark Tank, Yoho was asked about what he would like to see happen during the Tax reform debate.
Yoho, who even though said that it was “a great time to do the Fair Tax” because the popular taxing system idea “ wipes the whole IRS taxing code off the table,” is skeptical that it will be implemented.
Yoho said that he would be happy to see the corporate tax lowered to 20 percent and the simplification of the existing tax brackets lowered from seven to three.
The “bracket of 0” needs to be scrubbed because Yoho believes that “everyone should have to pay something into the tax system” because “taxes are used to run the government” and “everyone uses the government’s services.”
When asked about the Democratic IT aide scandal that has cast a dark cloud over Reps Debbie Wasserman Schultz, Lois Frankel, Ted Deutch, and others, Yoho sided with Rep. Ron DeSantis about pushing for a House investigation into the matter.
DeSantis’ video interview about how House Leadership is stifling efforts to move forward with an investigation can be heard here.
It needs to be investigated, it really does. Only investigate her if you have the willpower to follow through. Lois Lerner should be in jail. Eric Holder should have gone to jail, he perjured himself and lied under oath.
If we don’t hold our officials accountable, why should you and I follow the law?-Rep. Ted Yoho (R)