Mitt Romney was sworn in as Utah’s newest Senator in January 2019. He currently serves on the Foreign Relations; Health, Education, Labor & Pensions; Homeland Security & Government Affairs; and Budget committees. On the Foreign Relations Committee, Senator Romney serves as Ranking Member of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy. He is also a member of the Senate National Security Working Group. In 2021, he was honored with the JFK Library’s Profile in Courage Award for his consistent defense of the fundamental principles of democratic governance.
I believe tax policy should encourage investment in American businesses and families through a fair and simple system with low, competitive tax rates. Fair means higher-income individuals pay a higher rate than lower-income individuals, and simple means that the system can be easily navigated. Low and competitive rates require Congress to limit government spending and stick to a budget.
These principles guided me during my first years in the Senate as I fought against both tax cuts for the wealthy and tax hikes on the middle class. Instead, I introduced bills to force budgetary restraint and simplify the tax code. Had I been in the Senate at the time, I would have supported the 2017 Tax Cuts and Jobs Act as it provided individual income tax cuts to 80 percent of tax-filers and made our corporate tax rate competitive with the rest of the world. I oppose the Biden Administration’s efforts to raise taxes because it will send more jobs overseas, make the U.S. less competitive, and discourage wage growth in the United States.