Sen. Cruz: Simplicity, Especially When It Comes to Tax Reform, Is Incredibly Important

CRUZ: “A second objective, simplicity. You know one of the old and simplest rules of policymaking is K.I.S.S. - keep it simple, stupid. Simplicity, especially when it comes to tax reform, is incredibly important. There are right now more than 75,000 pages of tax law, code and regulations and case law. Nobody understands it all. You don’t understand it all. I don’t understand it all. Your accountant doesn’t understand it all. The tax lawyers don’t understand it all. But a lot of people make a lot of money, because no one understands it and we’re going to fight about it forever, ever and ever. How about making it simple and straightforward? Simplicity has power. Bold simplicity has enormous power."