ECONOMY
The United States economy is the strongest in the world. However, the unprecedented success we have enjoyed for the last decade is buckling under the pressure of bad economic decisions of the last few years. Additionally, the growth and success we have seen did not help everyone across Tennessee. Our goal should be to help all communities grow, not just the areas that can attract the biggest corporations. There are several things we can do to ensure this starting with infrastructure and education investments. Additionally, we cannot go to economic war with partners around the world. We cannot sacrifice historic growth for the whims of a few at the top, and we cannot break our middle class in favor of big corporations and banks. We need to encourage small businesses, innovation, our workers, our farms, and our factories. We cannot go on pretending that the system is working for everyone. Our middle class should pay less in taxes, and now do because of tax reform that started almost a decade ago. However, those breaks for the middle class also came at a heavy cost from the current administration. We let those at the top take advantage of taxes so low that they pay less than those of us living paycheck to paycheck. Finally, we let big corporations who have more money than most countries not only pay nothing in taxes, but receive a tax refund because of the way our tax code is written. This must change, for the hard-working Tennesseans in the district, for all our children, and for the future of this country.
MY PRIORITIES:
Reinstate deductions for the middle class that help alleviate the tax burden
Close corporate loopholes so big corporations pay their fair share
Close unfair loopholes on items such as certain pass through income
Amend our current progressive tax system to do better for the American people through a reformed capital gains tax, tax on massive inherited estates, and extremely high incomes
Reopen some investment deductions for small businesses
End disastrous tariffs that only serve to harm our economy
Focus on an independent Fed and its important role in monitoring our currency and our growth
Hold contractors accountable for their work and ensure that we are not overpaying or paying for no results