During a recent government meeting, discussions centered on the current state of federal tax policy and its implications for American taxpayers. Key points highlighted included the assertion that high earners bear the majority of the federal tax burden, with federal tax collections reaching near all-time highs.

A representative emphasized that the Tax Cuts and Jobs Act (TCJA) has made the tax code more progressive, noting that tax rates for high-income earners have actually increased, while the bottom 50% of earners have seen the most significant reductions in their average tax rates. This counters claims made by the Biden-Harris administration, which suggested that the federal tax rate for high-income earners is only 8%. According to the Joint Committee on Taxation, the actual average rate for these earners is approximately 34%.

As the committee prepares to consider tax policy for the upcoming year, the representative urged for a focus on substantive discussions rather than empty rhetoric. They criticized proposed tax hikes totaling $5 trillion, which they argued could not even pass in a fully Democratic Congress. The representative expressed a commitment to fostering economic growth and providing tax certainty, emphasizing a willingness to collaborate with members from both parties to prioritize the needs of hardworking taxpayers across the nation.