We need new revenue, but we need to increase revenue the old fashioned way by growing our economy. I think simplifying our tax code would be an excellent way to help grow our economy. Our tax code right now is 70,000 pages. Cost of compliance is hundreds of billions of dollars. That's stunning fact. So, no, I mean to simplify the tax code and if you could really simplify it, get away … (03:27–03:30)
CLAIM
Asserts that the current U.S. tax code consists of 70,000 pages.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
