Senator Mike Lee introduced a tax reform plan that would replaces much of today’s complex tax system with a new, simple structure that provides solutions for America’s ongoing opportunity crisis and ends the discrimination of parents in the tax code. The Family Fairness and Opportunity Tax Reform Act is a pro-family, pro-growth plan that incentivizes social mobility, promotes middle-class economic security, and improves opportunity for all Americans. If there is any single group of people in the entire country whose equal opportunity to pursue happiness we should make sure to protect, it is our ultimate entrepreneurial and investor class: America’s moms and dads, said Sen. Lee. The family has emerged as perhaps the most important institution in our economy. It is an incubator of economic opportunity, an indicator of economic success, and grows more economically important every day. The current tax code singles out parents of young children for unfair and extremely expensive discrimination. It is what I call the ÷parent tax penalty,’ a glitch in the federal tax code that forces parents to contribute to senior entitlement programs not once, but twice. My plan levels the playing field to treat all taxpayers more equally. For a middle-class family, this is an immediate, potentially life-changing reform. Under this plan, a married couple with two children making the median national income of $51,000 would see a tax cut of approximately $5,000 per year. In short, the Family Fairness and Opportunity Tax Reform Act would restore opportunities to working parents and their children to pursue happiness that right now federal policy unfairly denies them, Lee added. Praise for Senator Lee’s Tax Reform Proposal Former Florida Governor Jeb Bush: Senator Mike Lee and others here are proposing incredibly sound policies to provide incentives for child rearing families to give them the kind of support that they need through our tax code. National Review Editorial Board: Senator Mike Lee, the Utah conservative, announced an ambitious plan to reform taxes Ó much the most attractive one we have heard from any Republican for a long time. Reihan Salam: [The Family Fairness and Opportunity Tax Reform Act] represents genuinely new thinking about how Republicans ought to approach domestic policy_[I]t will represent a substantial tax cut for middle-income families with children. Josh Barro: Lee is out with a new tax plan that’s much better and actually addresses the needs of the middle class. Ramesh Ponnuru: Republican economic rhetoric has tended to overemphasize commercial individualism_That critique has some force. But it has less force now that Lee, who is clearly a conservative, is shifting his party’s priorities on taxes toward the middle class.