Republicans and Democrats came together to cut taxes for hardworking families in 1981, and again in 1986 to simplify the tax code, so that everyone could get a fair shake. The rest, as they say, is history.

The economy boomed, launching into one of the largest peacetime economic expansions in history. Dormant small businesses and factories sprung back to life. The famed American Worker produced at unprecedented levels. The median family income rose. And more American products than ever before reached foreign shores, stamped with those four beautiful words: "Made in the USA …"

It was a time of extraordinary optimism — it was truly "Morning in America," an economic miracle for the middle-class.

A lot has changed since then, especially when it comes to taxes.

While our economic competitors slashed their taxes in hopes of replicating America's success, our leaders remained complacent or, in some cases, reversed course.

We are now among the highest taxed nation in the developed world. Our tax code and laws have nearly tripled in length since the 1986 reforms. They now span 2,650 pages, with another 70,000 pages of forms, instructions, court decisions, and other guidance.

We have watched our leaders allow other countries to erode our competitive edge, take our jobs, and drain our wealth. And, for the first time in our history, Americans have feared that their children will not grow up to be better off financially than they are.

That era of economic surrender is now over …

The optimism has returned — the sun is once again rising over America.

But our economy cannot take off like it should unless we transform our outdated, complex and burdensome tax code, and that is exactly what we are proposing to do.

Revising our tax code is not just a policy discussion — it is a moral one, because we are not talking about the government's money – we are talking about your money, your hard work… (Photo Credit: Flickr)

Our plan will transform the tax code so that it is once again simple, fair and easy to understand. We want you to spend your valuable time pursuing your dreams, not trapped in a tax compliance nightmare.

We will cut taxes for hardworking, middle-class families …

The tax cuts and reforms of the 1980s show that when we empower the American people to pursue their dreams, they will not only achieve greatness and create prosperity beyond imagination, they will build an entirely new world.

It is time to ignite America's middle-class miracle once again.

The White House – Office of the Press Secretary

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Wow! Man Paralyzed in Diving Mishap Has Medical Miracle a Year after AI-Powered Brain Implant

US Cities Hit PAUSE on Water Fluoridation in the Wake of Historic Ruling

Alberta Premier Confirms Forthcoming Bill to Ban Gender Reassignment Surgery for Children

Virginia Teacher Fired over Pronoun Use Wins Settlement

'Banned Books Week' Reveals the Depravity of the American Library Association and Its Allies

Toyota/Lexus Reverses Course, Stops Woke Practices after Being Called Out

Fire Fighters Union Refuses to Endorse Harris: 'Best Way to Preserve and Strengthen Our Union'

Dockworkers Suspend Strike Until January

Death Toll Climbs to At Least 200 in Southeast, Hundreds Still Missing or Trapped amid Helene Devastation

Miracles and Mysteries: For KING + COUNTRY Singer Joel Smallbone's Powerful Mission to Inspire after 'Unsung Hero'

NC Flooding: This Family's Account of Hope in the Midst of Tragedy Will Build Your Faith

22 States Ask Court to Block Biden-Harris Rule Allowing 'Transgender' Males in Girls' Sports, Bathrooms

'A Game Changer': Another Women's Volleyball Team Refuses to Play against Male Opponent; 'Don't Be Surprised If More Schools Follow Suit'

No Autopsy for 'Wrongly Accused' Pro-Life January 6 Protester Who Died Suddenly in Federal Custody

RNC Announces Even More Election Integrity Wins Ahead of November Election

ICE: Illegal Alien Sanctuaries Shielding 'Dangerous Criminals' Victimizing Their Communities

Shameful: Biden-Kamala Regime Used $1 BILLION in FEMA Funds for Illegal Aliens; FEMA Now Lacks Money for Disaster Response!

Netflix Suffers Record Cancellations after Co-Founder Donates $7 Million to Kamala Harris

'It's Heartwarming': In Hurricane Helene Aftermath Neighbors Serve One Another Despite Loss

Georgia Judge 'Denies Humanity of Unborn Children' by Striking Down 6-Week Protection, Expert Says