The Reform Party is concerned about the system of deductions and credits that complicates completing tax returns and leaves many wondering if others are receiving more favorable treatment.

For income tax purposes, the Reform Party supports graduated taxation where low-income households are taxed at the lowest percentage. Households that may not owe income tax should be encouraged to participate in filing annual tax returns so they are prepared to handle this responsibility when their income level improves.

Special tax treatment for businesses and industries, if warranted, must be undertaken with care and oversight. Each instance of such must be monitored and eventually eliminated when its purpose is no longer required. Subsidies and tax incentives often create advantages for large corporations over smaller businesses. The Reform Party believes that financial incentives interfere with normal market function and their benefits diminish with time.

Trade policies, including tariffs and import limitations, must be considered without placing US-based services and products at a disadvantage.