Senator Chuck Grassley made the following comment about the tax reform proposal put forward today by the Obama Administration.
"The President's proposal for business tax reform is disappointing for its lack of substantive leadership, especially considering the importance of tax reform and tax certainty in getting America back to work and keeping America competitive in the global economy. The President's proposal is overly vague with the exception of demagogic political proposals, like those related to aircraft and oil and gas depreciation rules. Instead of a campaign document, and one that isn't a credible plan of action, American workers need and deserve leadership from the White House for a tax code that will encourage economic growth and job creation."