HR17-1010: Federal Tax Reform

• Expresses Colorado House of Representatives' support for federal tax reform that simplifies the tax code and reduces opportunities for tax avoidance.

• Cites that the Internal Revenue Code spans 70,000 pages and is widely regarded as complex, unfair, and inefficient, with corporations' share of federal tax burden falling from 32% in 1952 to 10.6% by 2015.

• Notes that the current tax system allows individuals and companies to divert taxable earnings and assets to minimize taxes owed, reducing funds available for public safety, roads, and education.

• Calls on Colorado's congressional delegation to pass reforms ensuring the federal tax system is simple, easy to understand, transparent, and not prone to exploitation through tax avoidance strategies.

• Directs copies of the resolution to be sent to each member of Colorado's congressional delegation.