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Taxes

"The current 74,608-page federal tax code is broken, unfair, overly complex, and harms the average American family. That is why I strongly support simplifying our tax code so that families and small businesses can take charge of their finances, and lowering our corporate tax rate while closing unfair loopholes. I plan on putting Louisiana and America first, ensuring we remain a leader in innovation around the world."

The US tax code hasn’t been reformed for over three decades, and the world has changed dramatically. Our tax code has failed to evolve to meet the demands of a 21st Century global economy, driving companies out of the US and forcing American families to spend millions preparing personal income taxes. It is past time to modernize our tax code and put the United States on a level playing field with the rest of the word. A competitive corporate tax system should create incentives for companies to locate their headquarters, open more offices, and to produce more products for export from the United States, resulting in more jobs, more tax revenue, and a higher U.S. standard of living.  Americans should also be empowered to prepare their own taxes and understand their personal finances.

 

 

More on Taxes

November 16, 2017 Press Release

WASHINGTON, D.C. – The U.S. House of Representatives passed the Tax Cuts & Jobs Act today, which would be the first major overhaul of the U.S. tax code since 1986. The bill passed by a 227-205 vote and will deliver tax relief for earners in all income categories according to independent analysis.
 
Congressman Higgins issued the following statement:

November 15, 2017 Press Release

WASHINGTON, D.C. – The U.S. Chamber of Commerce released a fact sheet today, showing the positive impact of the Tax Cuts & Jobs Act on Louisiana’s third congressional district. The Chamber notes that the bill helps in “achieving faster economic growth, encouraging job creation, and getting more money in Americans’ pockets each year.”

According to the report, the Tax Cuts & Jobs Act will:

November 2, 2017 Press Release

The House Ways & Means Committee released the Tax Cuts & Jobs Act today, which implements major reforms to the U.S. tax code. The plan lowers rates on the middle-class, consolidates individual tax brackets, offers a larger standard deduction, and lowers corporate tax rates.
 
Congressman Higgins issued the following statement:

October 26, 2017 Press Release

WASHINGTON, D.C. – Congressman Clay Higgins (R-LA) issued the following statement after the U.S. House of Representatives passed H.Con.Res. 71, establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027. 

September 27, 2017 Press Release

WASHINGTON, D.C. – Congressman Clay Higgins (R-LA) issued the following statement on the release of the Republicans’ Unified Framework for Tax Reform, which can be found at fairandsimple.gop

 

September 19, 2017 Blog Post

Congressman Higgins recently introduced legislation to repeal the rum tax cover-over program. Learn more about the cover-over, and how it is hurting rum producers in the continental United States.

 

View a pdf version of this image.

 

 

September 19, 2017 Press Release

WASHINGTON, D.C. - Congressman Clay Higgins (R-LA) has introduced H.R. 3476, a bill that repeals the cover-over of federal excise tax revenue from rum production and allows rum producers in the continental United States to better compete with producers in Puerto Rico and the U.S. Virgin Islands (USVI).

Federal excise taxes collected on rum in the United States, Puerto Rico, and the U.S. Virgin Islands are returned to the treasuries of Puerto Rico and the USVI. This revenue transfer is referred to as the cover-over.